Today - you can "refinance" in an attempt to borrow yourself out of debt, thus fattening the pockets of the very banks that already control your destiny.
Today - you can decrease your student loan payments to 10% of you discretionary income (chosen by the government) and pay for the next 20 years, even if your loan was originally 10 years, and then it will be "forgiven."
It does not change......unless we change it. Real economic reform, real relief, real change: How about this proposal. Every single American refuse to pay your student loan bill and your mortgage for two consecutive months starting on January 1st, 2011. Change comes from the bottom....not the top.
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