Student debt has been a crippling force for a generation of recent graduates and those still in school. Year after year, students have seen the possibility of graduating without debt become less realistic as Congress continues to attack higher education by defunding programs like the Pell Grant by claiming “Debt” as the biggest problem for the Federal Government. For over a decade now, the burden has been passed on to students, which worsened the economic recession as young people struggled to find jobs and make payments on their loans, added to the housing bubble burst as young people were graduating with so much debt they couldn’t afford to take on mortgage payments and has played an instrumental role in the rise of credit card debt. While the government turns away from these college students and recent graduates, private lenders have rigged the student loans into a billion dollar industry – and now we’re demanding they pay their fair share to rebuilding the economy to make it one that works for all of us.
The story of student debt is one that many future, current and recent graduates know – but it’s our job to share it with others that may not know the effect student loans have on young people today. Default: The Student Loan Documentary is a documentary that was launched at the United States Student Association’s LegCon only 3 years ago, and tells the story of how student loan debt has grown at such a rapid rate while also showing the stories of young people suffering the consequences of it. Check out the trailer below, and contact either the SLAP Coordinator or Default to learn how to show this documentary on your campus.