Friday, August 26, 2022

I’m 65 and have $300,000 in student debt. I and other older debtors are going on strike | Lystra Small-Clouden | The Guardian

"I joined the 50-over-50 debt strike to make sure that the world knows that older debtors exist, and that we are growing in number. Because student loans are structured as a debt trap, there are more and more older debtors every day. My fellow strikers and I can't pay – and won't. We shouldn't have to take money from our retirement to pay for college. I accumulated this massive student debt because of the inhumane policies of lending institutions and for-profit schools, and the lack of support and intervention from government agencies..."


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