The Corner

Debtors

The Occupy movement concocts a student-loan agenda. Robby Soave of The College Fix has the story:

With student loan debt set to exceed $1 trillion by the end of the year, many indebted college graduates hope the federal government will offer relief programs. But an Occupy Wall Street group is proposing a more radical solution: graduates should simply refuse to pay back their loans.

Members of the Occupy Student Debt Campaign–an OWS offshoot group consisting of students, faculty, and graduates in the New York area–began promoting their message at Zuccotti Park yesterday. They are asking everyone with outstanding student loan debt to pledge that they will stop repaying the debt once the pledge has a million participants.

John J. Miller, the national correspondent for National Review and host of its Great Books podcast, is the director of the Dow Journalism Program at Hillsdale College. He is the author of A Gift of Freedom: How the John M. Olin Foundation Changed America.
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