Student Loans: The Debt You Carry for Life

Wednesday, 10/26/2011 - 12:48 pm by Mike Konczal

Garnishing Social Security to pay off student debt ensures that the economic crisis will haunt today’s graduates well into their retirement.
 
Put on your monocle and top hat and pretend you are part of the 1% for a minute. Your first task is to write a set of legal codes about the collection of debt in this country, specifically student debt. And you want to be kind of a jerk about it. What’s the one thing you could do for student debt that you don’t do for any other type of debt, one that would radically shift the relationship between student loan creditors and debtors both practically and symbolically?