HELP US STOP PREDATORY
STUDENT LENDING
IN AMERICA
READ THE BILL BELOW
Deceptive, Predatory Marketing, High-Interest Loans, and Illegal Servicing Practices Are Entrapping Young Americans and Their Families Into a Lifetime of Debt - Filled With Stress, Worry, and Depression!.
THE GROWING FINANCIAL
ENSLAVEMENT OF AMERICA'S CHILDREN
U.S. student loan debt has ballooned from $521 billion in 2006 to an astounding $1.75 trillion in 2024, a staggering 236% increase. This growth far outpaces credit card and auto debt.
Alarmingly, student loans have become the second largest category of consumer debt in the United States, entrapping an entire generation in a cycle of financial hardship and the only form of debt from which no relief can be found in bankruptcy.
WHY???
Student loans are the only type of debt that can never be forgiven in bankruptcy.
It’s for life!
HELP US SAVE AMERICA'S CHILDREN FROM
A LIFETIME OF DEBT AND DEPRESSION
Over the past 15 to 20 years, Wall Street funds such as American Campus Communities, now owned by Blackstone, which is the largest owner of student housing in the country, have bought up most of the student housing in and around our country’s colleges and universities ~ and have tripled and quadrupled those rents making going to college far more expensive. During that time, the Boards of Regents in every state and the Administrators at almost every college and university in the nation have been persuaded (bribed might be more accurate) into raising college tuitions by approximately 5% a year, making those costs ridiculously high. What used to cost $2,000 to $3,000 a year, now costs tens of thousands of dollars.
THIS IS CRIMINAL BEHAVIOR ~ CONSPIRACY WITH INTENT TO DEFRAUD. GRAND LARCENY ON A MASSIVE SCALE IS BEING COMMITTED AGAINST THE YOUTH OF AMERICA AND THEIR PARENTS!!!
Accountability Measures
CFPB Sues Navient
For systematic, illegal deception at every stage of repayment.
Navient Settles
For $1.85 billion over accusations of predatory lending.
Another Fine
Lenders fined millions for overcharging and discrimination.
LONG-TERM PLANNING TO ENSLAVE OUR CHILDREN INTO A LIFETIME OF DEBT
During the past 15 years, Wall Street funds such as Blackstone, the largest owner of student housing in the country, have bought up most of the student housing in and around our country’s colleges and universities. They have then tripled and quadrupled those rents making going to college far more expensive. During that time, the Boards of Regents in every state and the Administrators at almost every college and university in the nation have been persuaded (most likely “bribed”) into raising college tuitions by approximately 5% a year, making higher education far more expensive. What used to cost $2,000 to $3,000 a year for tuition, books, and living expenses, now costs tens of thousands of dollars every year.
Even worse is when the youth of America go to these colleges to register for school, they are taken into back rooms and encouraged to take out student loans to pay for their education without having any clue that they are being preyed upon by some of the most vile, uncaring people to have ever lived.
It is clear to us that what has been done has been planned out in board rooms with malice aforethought for years. We believe what they are doing is CRIMINAL.
When interest rates of 6% to as high as 20% are compounded on tens of thousands of dollars, most young people (and their parents as co-signors) are financially enslaved to a life-time of debt that will never be paid off causing their lives to be filled with stress, worry, and depression all so a handful of vile, despicable people on Wall Street can make more money. THIS IS YOUR COUNTRY ~ NOT THIERS. WITH YOUR HELP WE CAN STOP THIS!!!
Empowering the Next Generation
Creating a System to Help Our Children – Not Wall Street Bankers
Our student debt crisis is fueled by deceptive marketing, high-interest loans, and illegal servicing practices at the industry’s highest levels. Protecting young Americans from predatory lenders should be a NATIONAL PRIORITY.
THE SOLUTION: COMMUNITY COLLEGES OPERATED BY OUR POOLED TAXES WHEREIN ADMINISTRATORS ARE NOT PAID MILLIONS OF DOLLARS AS THEY ARE NOW GETTING KICKBACKS ON STUDENT LOANS. LET’S CREATE A SYSTEM WHOSE PRIMARY CONCERN IS FOR OUR CHILDREN AND THEIR EDUCATION, NOT MAKING MONEY FOR PREDATORY WALL STREET BANKERS.
PLEASE SIGN OUR PETITION
TO STOP PREDATORY STUDENT LENDING IN AMERICA
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