Borrowers Demand Student Loan Cancellation And Refuse To Pay Student Loans

  • Date: 12-Feb-2021
  • Source: Forbes
  • Sector:Education
  • Country:Egypt
  • Who else needs to know?

Borrowers Demand Student Loan Cancellation And Refuse To Pay Student Loans

They refuse to pay student loans. Meet the borrowers who are waging a student loan debt strike.

Here's what you need to know.

Student Loans

Call it a student loan debt strike. These borrowers are fed up with student loan payments and want President Joe Biden to cancel their student loan debt. They blame both the federal government and student loan lenders. So, to challenge what they view as a broken system, they've simply stopped paying student loans. Here's what they want:

Here are some borrowers and their stories, as featured on the Debt Collective website:

Jairo Martinez: "I attended ITT Tech...My debts should be cancelled due to predatory loans that should not have been approved and a school that is now out of business.“

Danielle Adorno: "I strike because the school I attended has not been held accountable for its fraudulent practice. I strike so my son can understand when wrong is done to you, you have to do what's right and speak up. Even if it's hard and uncomfortable. Cancel student debt!“

Pam Hunt. "I am on strike because I went to school for a better job but GOT SCAMMED. Education should be free. Let's do this.“

Sanders Fabares: "I attended a for-profit school that grossly misrepresented its programs and