Thursday, 25 March 2010 15:42    PDF Print E-mail
Forgive Student Loan Debt Movement


Parents and students!   Interested in a new idea for a Federal Stimulus Package?   Consider the following review of a new website ForgiveStudentLoanDebt.com.

There is a new movement afoot to supplement the President's stimulus package and expose unfair student lending practices. “Forgive Student Loan Debt” (FSLD) is a grassroots movement that began as a proposal by Robert Applebaum, entitled "Forgive Student Loan Debt to Stimulate the Economy."

The proposal was posted to a Facebook group by the same name in late January, 2009. Almost immediately people from all walks of life began to join, sharing their stories of economic hardship and struggle as a result of their crushing student loan debts.  While the original proposal was intended as an alternative economic stimulus plan, the group quickly evolved as a vehicle for exposing the gross inequities and unfair practices inherent in the student lending industry.

After membership grew to approximately 1000 people within the first week, a reporter for the Huffington Post wrote an article about the proposal and group and, thereafter, membership grew by the thousands.  The group enjoyed a great deal of positive press attention in the Spring of 2009 which only served to increase membership to the current level of 293,3763.

Central to FSLD's mission is a belief that a well-educated citizenry is essential to our prosperity as a nation in the new 21st Century economy. Quality education is the key to our ability to compete and succeed on a global scale and, to the extent we burden our workforce with enormous debts to obtain the knowledge and skills they need to excel, we limit not only our future economic choices, but our freedom in general.  The future economic success of our nation is wholly dependent upon a workforce with the critical thinking skills necessary for innovation, entrepreneurship and prosperity and it is FSLD's core belief that, in order to unleash the full potential of those skills, we can no longer burden students with the ever-increasing costs of an education that benefits society in general, not just the students receiving them.

To learn more about FSLD, see  ForgiveStudentLoanDebt.com.

 




Comments (5)
  • Johhnny  - wow
    ForgiveStudentloandebt website looks nice! I am going to check it out.
  • Mark  - I found a great site!
    My son and I found a wonderful scholarship help site that I'd like to share with others. It is http://www.how2winscholarships.com. The scholarship guide offered there has some amazing tips and help for anyone needing scholarship money. Mark
  • dawn  - facebook too.
    the "Forgive Student Loan Debt to Stimulate the Economy" can also be found on facebook. . .where many lively discussions, wickedly insightful links and heartrending tales can also be found.
  • daniel kienle
    :angry-red: I am stuck with my sons Student loans at 66 and cannot afford to pay them, they are not dischargeable, and I have run out of deferrments and forebearances... what can I do...
  • daniel kienle
    What can I do, 66 and stuck with my sos Student loan debt, owe 36,000 and cannot pay it... run out of deferrments and forebearances... Need help.
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