A Chronicle of Education article by Eric Hoover explores the plan by the organizers of Occupy Wall Street to draft three pledges related to student debt.
After one million sign the debtors’ pledge, they will refuse to repay their loans and two other pledges will be launched, one for professors and the other for parents and other supporters of those refusing to repay their debt.
The protestors are demanding four things: that student loans be interest-free; that tuition at all public institutions be federally funded; that private and for-profit colleges open their financial records to the public; and that students’ “debt burden” be written off. Professor Ross of NYU, one of the ones organizing the pledge drives, makes the point that all professors salaries are debt-subsidized, which he believes to be immoral.
The article, found today is at this link: