Gerry Canavan

the smartest kid on earth

‘Like Many Faculty, I See a Lot of Suffering and Humiliation among Students in Taking on This Debt’

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Via @jacremes: Protesters Plan a National ‘Student-Debt Refusal’ Campaign.

On Wednesday night, Andrew Ross, a professor of social and cultural analysis at New York University, said members of an Occupy Wall Street working group were finalizing drafts of three “pledges” related to student debt, including a debtors’ pledge, whose signers would refuse to make payments on their loans after one million signatures have been collected.

The other pledges are one for faculty members who support those who refuse to pay, and another for nondebtors, including parents and sympathizers, who also want to show their support.

The pledges, Mr. Ross said, are to be based on four beliefs: that student loans should be interest-free; that tuition at all public institutions should be federally funded; that private and for-profit colleges should open their financial records to the public; and that students’ “debt burden” should be written off.

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