Should student borrowers in the most extreme cases be allowed to discharge and restructure their debt in bankruptcy court?  

FAVORITE= YES
COMMENT= NO

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According to AfterCollege, only 15% of college students have jobs lined up after graduation.  Let’s change that! Go to www.onemillionnewjobs.org to create one million new national service jobs! REBLOG this to spread the word! 

Despite both parties agreeing that legislation needs to be passed to prevent student loan rates from doubling, the squabbling over how to pay for it has become a political soap opera where nobody wins. LIKE this if you believe both parties need to end the partisan posturing and work together to make certain that student loan rates don’t double in July.

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25% of Millennials aren’t making enough money to cover basic needs. LIKE and SHARE this if you believe we need to address the plight of young Americans by creating new jobs and giving everybody the opportunity to be self-sufficient!

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Filming yesterday with Chelsea Clinton! Chelsea and OUR TIME’s Matthew Segal talked about jobs and student loan debt facing young Americans. Chelsea also gave her fascinating perspective on why young Americans should vote… You’ll have to watch out for the video to find out what she said!

It appears that some student loan companies have apparently been adjusting the amount borrowers owe each month without their consent so that they can extend the length of student loan repayment plans and charge the borrowers more in interest. LIKE and SHARE if you think that’s outrageous, and that changes to your student loan repayment plans shouldn’t be made without your consent!

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With the ever-increasing cost of tuition and the highest youth unemployment since WWII, people are beginning to take the idea of creating one million new public service positions more seriously. LIKE or SHARE this if you think a program that would help young people pay for college and serve their country at the same time is a great idea!

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Some institutions have been sending financial aid letters to college applicants that are confusing and/or misleading as to the true costs of attending the institutions. The Dept of Education is pushing for standardized financial aid letters which could solve the problem. LIKE and SHARE this if you think tuition and financial aid letters should be straightforward and easy to understand.

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American students and graduates now often owe significantly more on their student loans than their degrees are worth in dollar terms.  LIKE and SHARE this if you think we need to address the financial burden of education before it gets any worse!

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If Congress does not act, interest rates on student loans will rise from 3.4% to 6.8% on July 1 for an estimated 7.4 million U.S. undergraduates who have federal loans. LIKE this if you want to see rates kept at 3.4%, and SHARE it if you believe our states and federal government need to prioritize making education more affordable!

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While our generation can strive for better personal finance habits, we also need to lower the cost of college and expand employment opportunities so that people have more money in their pockets to afford basic goods. LIKE this post if you agree!

Did you know that federal money accounts for up to 90 percent of for-profit colleges’ revenue, and that some institutions spend a quarter or more of their revenue on recruiting, far more than traditional colleges? Click here to find out more, including why this is an important issue!

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Hey ‘Me’, you’re not alone. Millions of young Americans feel the same way: we’ve worked hard, many of us even took out loans to go to school, and we’re ready & willing to work. And yet, so many of us are unemployed or underemployed — neither of which pays the bills or let’s us pay back into our system as taxpayers to help others! It’s time for our generation to call for a change!!

magenta-juice:

Never thought of it that way.