Student Loan Debt Clock

Thursday, May 17, 2012

Today's News on The Student Loan Debacle

( From a  FB friend)

Want to join the many voices that are screaming to Congress and the Senate, wake up,  this is what we need, and we demand you hear us. There are several listed methods below on how to become engaged in the political discourse:

Popvox: click here
Open Congress: click here
Gov Tracks: click here
Politico Open Forum: click here

Please Help Support: H.R. 4170 The Student Loan Forgiveness Act of 2012, you can write, call or email your state representatives with your thoughts:

Want to contact you Congress person: (
Want to contact your state Representatives: (
Want to contact all your governmental representatives: (
Become Engaged - become a person who participates in their own life and assists in a greater cause for the good of the whole, and not just for the sum of its parts.

Join the ‘student loan debt’ advocates & champions in the fight towards changing American perceptions; there is a movement to reach and change societal norms and heuristics in regards of how people think of ‘student loan debt’ and the serious repercussions in aggregate when the next financial crisis hits. When the student loan bubble bursts, and it will; the devastation will be long reaching into all our financial institutions, and then society will finally understand the foreboding economic condition and the actors who were involved in allowing this student loan debt catastrophe to happen: the responsible persons for the Student Loan Debacle, is majority of Congress & the Senate. And how did "WE the PEOPLE" and our wishes become a special interest group that those in Washington can negate.
And the thousands of individuals who are rising up and saying to Congress and the Senate “enough is enough, get out of the pockets of special interest groups; quit catering hand and foot to the PACS,” and do the job you were elected to do by the American people, in assisting the American people and not big corporations, you know the United States citizens, the ones who are paying your salaries!

I can’t emphasize enough, walking away from student loans is really not an option. Because, your student loans never go away! EVER! There are many ways in which your debt can be dealt with by the utilization of various programs. There is a link on the right, Navigating Through Your Student Loan Nightmare, which may help. More info on restructuring your debt will come later.

Congress and the Senate should be held accountable because of the lack of financial protections they eradicated; or should I say, [the bankruptcy protections] they have done away with, for the sake of their special interest associations.

Several Bills that you may want to support, please leave your comments at POPVOX & GovTracks:


H.R. 4170 Student Loan Forgiveness Act of 2012 supported by Hansen Clarke


Summary: To increase purchasing power, strengthen economic recovery, and restore fairness in financing higher education in the United States through student loan forgiveness, caps on interest rates on Federal student loans, and refinancing opportunities for private borrowers, and for other purposes. 


For more info: popvox OR govtracks


H.R. 2028: Private Student Bankruptcy Fairness Act of 2011


112th Congress, 2011–2012


Summary: To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans. Summary: To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans. 


for more info: popvox OR govtracks

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