Inside Higher Ed: Occupy Student Loans

You have an unsustainable system,” says Deanne Loonin, a lawyer at the National Consumer Law Center and director of the center's Student Loan Borrower Assistance Project. “All those forces can’t go on forever. You can’t keep the reliance on loans, the accelerating cost of education, the open-door policy. There’s a lot of forces that have been resistant to change. If something’s going to change things, this is it.”

"An Occupy Boston march demonstrated outside Bank of America and the Harvard Club, chanting “Not just for the rich and white, education is a right,” the Associated Press reported."

"For the protesters, higher education is part of a system that many view as rigged against them, says Applebaum, whose push for forgiving student loans has become closely associated with the Occupy movement. "We have finally reached a tipping point for people in America -- they're fed up," he says. "I hear a lot of criticisms about the Occupy protests talking about how it's not coherent, they don't have a lists of specific demands. That's ridiculous to me. They're protesting the whole system. It's the whole system that's rigged against them, and they know it, and they're sick of it."

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