Student loan debt is a problem turning up a lot at both We Are the 99 Percent and Occupy Wall Street. Since the decline of America's manufacturing sector, the status quo has insisted that going to college is the easiest way to secure a living. Many people started taking out private loans to earn their degrees, and then the bottom fell out of the economy. What we're left with is people with tens of thousands of dollars in student loan debt who thought they would be guaranteed a good job upon graduation. Many of those jobs have yet to materialize.
If you're a 99 Percenter, besides supporting the jobs bill, you can also fight against the GOP's attempts to drastically cut back America's Pell Grant program, which helps about 9 million students per year pay for college. Beyond that, perhaps it's time for people to begin reconsidering college altogether, or at least what kind of college they attend. For instance, several people on the We Are the 99 Percent blog say they went to expensive private schools and are now only able to find minimum-wage jobs. If the choice is between an Ivy and a good, cheap state school, the time has come to seriously consider the state school. Education is often what you make of it, not how pricey it is. One last suggestion: Former students should be able to dismiss their student-loans through bankruptcy, which is presently forbidden.