Occupy Wall Street's Latest Plan: Refuse to Repay Student Loan Debt

The New American ^ | November 22, 2011 | Brian Koenig

[Toespi]

These idiots don’t have a clue what life is about. They have not contributed anything to speak of to this nation, NOTHING. Few of them if any, have served in the military, their tax contribution is zero, their social security contribution is zero. They are zeros and have absolutely no right to complain. My husband had a heart transplant, thank God, 18 months ago, it was a hard climb up but he did. He had to get back to work asap to pay for health insurance, debt that accumulated while he was in the hospital for 8 months, replace the savings we lived on and the list goes on. And these little bastards don’t want to pay their student loans? To hell with them.

[holyscroller]

Maybe we could forgive the student loans if they “turned in” or renounced the degrees, along with any benefits the degrees ever got them, jobs, good salaries, higher standard of living, prestige, etc. If they take the deal it would be as if the degree never existed. That would clean a lot of deadwood out of the workforce. Most of the degrees aren’t worth the paper they’re printed on anyway.

[gusty]

I like how you think.

[zeugma]

Great advice to 20 somethings whose only credit history is probably their student loan. Quit making the payments and let your credit score go down to about 520. Then when you get one of those good jobs with your college degree and try to buy a new car or a home etc. you will be SOL in the USSA.

Even better, many employers now check your credit score before hiring. I'd be willing to bet that non-payment of student loans will be a big flashing don't hire signal.