Age is No Barrier to Student Debt

37 million Americans now owe a combined 1 trillion dollars in student loans. Over 25% are delinquent. There are more people between the ages of 30 and 49 paying off student loans than people under 30.

Many of them, and maybe you, are forced into low-wage jobs in order to immediately start making payments back to banks and lenders, and will still be paying your loans while trying to figure out how to send your own kids to college, take care of your parents and save for retirement. This is bad for us, and it takes money out of the consumer economy where it is greatly needed.

College tuition is free or nearly so in Sweden, Norway, Germany, Denmark, Netherlands, New Zealand, Ireland and France (to name a few) because their governments decided it should be. In contrast, our government has decided that we should have the 2nd highest tuition cost in the world, and that students should shoulder debt to pay for it.

The President’s Income Based Repayment Program allows some borrowers to pay 10% of their discretionary income and have the loan forgiven after 20 years. This is good, but not enough. If banks, farms and auto corporations can be bailed out, why not some help for us? 

Join our campaign to demand President Obama:

  • Allow all student loans to be repaid at an annual rate of 10% of discretionary income and be forgiven after 10 years; 
  • Expand the program to cover all student loans, public and private.

New Member Call, July 22

July 22, 2018

July 22, 2018

9pm ET/8 CT/7 MT/6 PT

Click to RSVP

You've joined DSA - Great! Now register for this New Member Orientation call and find out more about our politics and our vision. And, most importantly, how you can become involved.

Questions or Comments? Contact: 

info@dsausa.org

Click to RSVP

Talking About Socialism: Create Your Own Rap

July 25, 2018

Click here to RSVP

9pm ET/8pm CT/7pm MT/6pm PST

This workshop is for those who have already had an introduction to democratic socialism, whether from DSA’s webinar or from other sources. Prepare for conversations about socialism that happen when you table or canvass. Join Steve Max, a founder of the legendary community organizing school, the Midwest Academy, to practice talking about socialism in plain language. Create your own short rap. Use your personal experience and story to explain democratic socialism. 

Click here to RSVP