(The Sundial) A faction of the Occupy Wall Street Empowerment and Education working group has called for one million people to join a pledge to default on their student loans. The Occupy Student Debt Campaign, which is comprised of students, alumni and current faculty from schools across the country, aims to challenge the rising crisis [...]
Posts Tagged ‘private student loan’
Occupy Group Calls on People to Default on Student Loans
December 6th, 2011 
Elisheva Wiriaatmadja The Student Loan Rap
December 4th, 2011 Elisheva Wiriaatmadja Do you have student loan debt? Join the club! By some accounts, there is now $1 trillion in student loan debt outstanding. Wow! With all that money spent on higher education, Americans must be the smartest workforce in the world! But funny enough, graduates are having a hard time paying back all the debt. What [...]
Next Bailout: Student Loan Forgiveness!
November 16th, 2011 Elisheva Wiriaatmadja (MyCentralJersey.com) At our son’s graduation some 25 years ago, each graduating class was asked to stand to be recognized as their degree was announced. When the school of Social Sciences was recognized, more that half the graduates stood up. I told my wife, “Most of these graduates are going to be looking for jobs on [...]
Getting Forgiveness On Student Loan Debt Available To Some But May Lead To Changes In Areas Of Study
October 12th, 2011 Elisheva Wiriaatmadja (RWBPress.com) Current students who have seen graduates exiting college with a substantial amount of student loan debt may be in a position where they are reconsidering career choices or even areas of study as getting a forgiveness option on student loan debt has become more attractive to current students, particularly those who have a high [...]
Here’s A Demand: Forgive Student Loan Debt
October 4th, 2011 Elisheva Wiriaatmadja (Guardian.co.uk) As US student loan debt nears $1tn, it’s time for the banks that stole these young people’s future to do the right thing.
Posted in Private Student Loans 
Tags: private student loan, private student loans, student loans 
No Comments »Fixed-Rate Student Loans – With a Catch
August 21st, 2011 Elisheva Wiriaatmadja (WSJ.com) With tuition bills due in a few weeks, a growing number of banks are offering stretched parents and students new, fixed-rate loans that promise protection from the specter of rising rates — for a price. Until recently, most private student loans have carried variable rates, where the interest rate can adjust up or down [...]
Wright-Patt Credit Union Plans $33M for Student Loans
July 26th, 2011 Elisheva Wiriaatmadja Wright-Patt Credit Union is pledging to award $33 million for student loans through the nationwide Credit Union Student Choice effort. WPCU, which previously committed $20 million in student funding to its members, is one of nearly 200 credit unions that have jointly pledged to award $1 billion in student loans through Credit Union Student Choice, [...]
Posted in Private Student Loans Tags: private student loan, private student loans, student loans No Comments »A New Type of Student Loan, but Still a Risk
July 2nd, 2011 Elisheva Wiriaatmadja (New York Times) There are two possible reactions to the news in recent weeks that U.S. Bank and Wells Fargo are now offering fixed-rate student loans in addition to the variable rate kind that had been standard. The first is to cheer. Borrowers now have a choice similar to people buying homes. Those who want [...]
What Every New Graduate Needs to Know: The Do’s and Don’ts of Repaying Loans
June 3rd, 2011 Elisheva Wiriaatmadja Graduation season is here. While some will spend the next few weeks celebrating and rejoicing the end of their college careers, others will begin to frantically worry about paying back their student loans. In fact, the graduating class of 2011 is the most indebted class ever, owing more than $22,000 in loans, the Wall Street [...]
The Student Loan and College Conspiracy
May 15th, 2011 Elisheva Wiriaatmadja ‘College Conspiracy’ is going to open up the minds of millions of students who have been brainwashed their entire lives by the propaganda in the mainstream media. We are a nation of sheep, where nobody thinks for themselves and everybody follows the same system. The system we have today turns everybody into debt slaves, while [...]
