Students are literally “taking it to the streets” this week to further promote a wave of activism against crushing student loan debt. The students represent a massive force promoting the idea that higher education should be an investment we make as a society and warns that the $1.3 trillion in student debt is not only burdening debtors, it’s having a serious effect on the nation’s economy.
Last November, the demonstrations took over 125 campuses, as the “Million Student March” stunned the news media with an impressive, nationwide show of force.
This Wednesday, April 13, the next round of protests will command the attention of Americans engrossed in the 2016 presidential election debate about the future of our country.
The demonstrations will have four demands:
- Tuition-free public college education;
- Cancellation of all student debt;
- $15 minimum wage for all campus workers;
- Divestment of university endowments from private prisons corporations.
However, many of the 41 million people struggling to pay their student loans are the not-so-young people-currently in the workforce or looking for work- who had to take out loans to get their education and are now struggling to make their monthly loan payments while supporting their families.
Many are middle-aged parents who are struggling to pay their children’s college loans because they co-signed the loans. There are 706,000 people on Social Security still paying off student loan debt, with 191,000 having their retirement benefits garnished to pay their student loans, according to GAO reports.
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