Mortgage Town

Borrowing for the future

Occupy Wall Street and Student Loans

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According to Prof. Chris Coyne, one of the main concerns of the Occupy Wall Street movement is the rising cost of college and student loans. If student loans were forgiven, however, it wouldn’t solve the fundamental problem of costly education.

A government program that forgave student loans would improve the finances of people holding student loans, but it would do so at the expense of taxpayers in America. Many of these taxpayers would fall within the 99%.

Furthermore, by seeking bailouts for student Loans, the Occupy Wall Street movement is fundamentally no different than the banks and corporations that they’re criticizing.

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Student Loan Help Tips

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Chris Wragge spoke with Ray Martin about what to do if you are unable to immediately pay off student Loans.

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Evil Student Loans

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A mildly funny rant vlog on student Loans ;) random but informative

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Rep. Hansen Clarke: Let’s Reduce Student Loan Debt

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RepHansenClarkehttp://gdata.youtube.com/feeds/api/users/rephansenclarkeNewsUS, House, of, Representatives, Hansen, Clarke, Congress, United States Congress, Student, Loan, DebtRep. Hansen Clarke: Let’s Reduce Student Loan Debt

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Swat Teamed For Student Loans!

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Mirror: http://www.youtube.com/watch?v=CETzIU0TMG8
http://www.dailymail.co.uk/news/article-2001010/SWAT-team-launch-dawn-raid-family-home-collect-womans-unpaid-student-Loans.html?ito=feeds-newsxml

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Bail out student loans instead of Wall Street!

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The banks were bailed out and now we do not want to bail out students and the 99%.

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UWGB Loans

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How President Obama’s student Loan help will affect students in our area.

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Reducing Your Student Loan Debt: Barack Obama’s plan to help College Student Loan Borrowers

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Share this: http://my.barackobama.com/studentloanvid

Nearly six million students who have both guaranteed and direct loans will soon be able to refinance them and get a discount under President Barack Obama’s student loan debt reform plan: “Help Americans Manage Student Loan Debt”. You’ll only have to write one check a month and within a year it will ensure that more than 1.6 million college students won’t be required to make loan repayments over 10% of their income.

President Obama’s plan will make college more affordable for students. All remaining debt is forgiven after 20 years of payments for college students. Debt is forgiven after 10 years for teachers, nurses, members of the armed forces, and others in public service careers.

These are just some of the important repayment options designed to make student loan repayments more affordable. All of this progress builds off student loan reform President Obama signed into law in 2010. All of this progress makes sure that more students from working and middle class families can get college educations and the opportunities that come with them.

Bankers don’t get to be middlemen for student loans anymore. We saved $68 billion dollars by taking them out of the equation and a lot of the money is going towards Loans and grants to make college more affordable for more people.

Share this news and join the movement. President Obama needs your voice to be heard. He needs you to tell Congress that reforms like this are what we’re fighting for.

Get the word out by taking the first step here: http://my.barackobama.com/studentloanvid

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The Early Show – Obama announces plan for student loan relief

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President Obama announced a plan to help Americans pay off their student Loans more easily. Dean Reynolds reports. Also, personal finance expert Carmen Wong Ulrich speaks about how the plan could help

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The CBS Evening News with Scott Pelley – Student loan debt at forefront of Occupy Boston

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At the Occupy Boston protest, most of the demonstrators are either college students or recent college graduates. And, as Elaine Quijano reports, relief from student Loan debt is on of the top of their list of concerns.

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