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Home / Tag Archives: Student Loan Justice Org

Tag Archives: Student Loan Justice Org

New Student Loan Payment Schedule

Alan Collinge’s Student Loan Justice Facebook page. I keep talking about how the consolidation fees, late fees, forbearance interest, etc. and the interest on the previous adds up over time. Pretty soon, it surpasses the original loan balance. There are probably worse examples of this occurring. As it is, the non-principal payments are more than twice the original principal. The original loan was $105,000. As you can see there is ~$81,000 in...

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Freeing Former Students of Loan Debt, a Conversation

An Intro and some history: Alan Collinge at Student Loan Justice Organization. Alan has collected 1,065,931 signatures on his petition asking President Joe Biden to cancel student loan debt. His new goal is to reach 1.5 million signatures. If you believe in the cause you should sign his petition. Petition · President Biden: Cancel Federal Student Loans, and Return Bankruptcy Rights to the Rest. · Change.org Just a signature is all Alan is...

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“Unshakeable Burden of Student Loans”

“Americans stress over ‘unshakeable burden’ of student loan payments,” The Guardian, Michael Sainato, May 2020 The nation can alleviate one person of their debt multiple times; but, it can not do so for the younger contingent consisting of minorities and white former students who would add to the growth of the economy if freed. Much ofd this debt consists of usurious penalties, the interest on those penalties, forbearance interest and the interest...

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Biden Promises to Help Fix the Student Loan Crisis

There are those who always raise the issue of “I paid for mine, you pay for yours. I know of no other debt created by borrowing money where the penalty is a life time of servitude and the means of retirement in Social Security is also attached too. Principal remains untouched and whatever money paid goes to interest atop of interest and penalties. By the time salary catches up and if it does, the interest and penalties have grown. Allen...

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Biden Promises to Help Fix the Student Loan Crisis

There are those who always raise the issue of “I paid for mine, you pay for yours. I know of no other debt created by borrowing money where the penalty is a life time of servitude and the means of retirement in Social Security is also attached too. Principal remains untouched and whatever money paid goes to interest atop of interest and penalties. By the time salary catches up and if it does, the interest and penalties have grown. Allen...

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Republican Renegade Emulates Warren’s Student Loan Cancellation, It is Still Problematic

First a story, then an introduction to Alan Collinge of Student Loan Justice Org., and finally some cold hard facts from Alan about what is happening to millions of people who have student loans. Your Angry Bear blogger and activist went to a garden party in Michigan in support of Democrats and Senator Debbie Stabenow pre-2018 election. I had donated to the Democrats and directly in support of various county, state, and federal candidates. Since I had...

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Student Loan Debt Crisis Town Hall – November 20, 2020

[embedded content] Friday, November 20, 2020 3:00 PM (EST) Student Loan Debt Crisis Panelists include: PAUL GRONDAHL – Director New York State Writers Institute (host) MATT TAIBBI – Author, Rolling Stone Magazine, Reporter (moderator) Michael J. Camoin – Videos For Change Productions, SCARED TO DEBT (filmmaker) ALAN COLLINGE – Founder of StudentLoanJustice.Org (activist) CATHERINE AUSTIN FITT – Investment Advisor (former Sallie Mae ) THOMAS BORGERS – Wall...

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