Student loan recipients go on repayment strike, face default

Yes- I’m glad that people are speaking up about the unaffordability of higher education and taking a stand against the corportization of The American school system. I was just reading another article, and now there’s even more pressure at the admission gates (they call it an admission race) having some parents planning for prep schools, SAT tutoring, etc all starting when there in Pre-school…I just feel like how woefully behind African American kids will be as College Education will be if we are already, for lack of a better word, priced out and essentially left out of the great opportunity of job/career advancement…it’s hard to look at the figures and magnitude of how much Human Capital is being sidelined by the same people that want to hold onto their privilege by holding us back-knowing how intentionally expensive and prohibitive it is.

New Pittsburgh Courier

Makenzie Vasquez, from left, Pamala Hunt, Latonya Suggs, Ann Bowers, Nathan Hornes, Ashlee Schmidt, Natasha Hornes, Tasha Courtright, Michael Adorno and Sarah Dieffenbacher, pose for a picture in Washington, Monday, March 30, 2015. (AP Photo/Manuel Balce Ceneta)   Makenzie Vasquez, from left, Pamala Hunt, Latonya Suggs, Ann Bowers, Nathan Hornes, Ashlee Schmidt, Natasha Hornes, Tasha Courtright, Michael Adorno and Sarah Dieffenbacher, pose for a picture in Washington, Monday, March 30, 2015. (AP Photo/Manuel Balce Ceneta)

WASHINGTON (AP) — Sarah Dieffenbacher is on a debt strike. She’s refusing to make payments on the more than $100,000 in federal and private loans she says she owes for studies at a for-profit college that she now considers so worthless she doesn’t include it on her resume.

The “debt strike” sentiment is catching on.

Calling themselves the “Corinthian 100” — named for the troubled Corinthian Colleges, Inc., which operated Everest College, Heald College and WyoTech before agreeing last summer to sell or close its 100-plus campuses — about 100 current and former students are refusing to pay back their loans, according to the Debt Collective group behind the strike.

They’re meeting Tuesday…

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