student loans, occupy wall street

Protesters raise cloud of sand as Romney raises $3 million in N.Y.

They never got close, and Mitt Romney may not have even seen them, but protesters — some from Occupy Wall Street — took political theater to a new level Sunday outside the beachfront estate of billionaire David H. Koch, where the Republican candidate was raising money. Some of the 200 protesters marched down mile-long Coopers Beach toward the home in a cloud of sand, bearing banners and signs: "Your $50,000 ticket equals my child's education," "end corporate personhood" and "don't forget to tip the help."

Calls for Wiping Out Student Loan Debt Leave Americans Split on New 'Bailout'

As Occupy Wall Street protesters and their anti-bank message pick up momentum, among the unofficial list of grievances is a demand to have creditors forgive student loans. But a new survey suggests Americans are split on the idea, and education analysts say it would duplicate the same bad behavior the protesters are decrying.

Senh: I'm not sure how I feel about this. My initial reaction is that this sets a bad precedent for neglecting your obligations. Student loans already have one of the lowest interest rates. The economy is still in the gutters, and unemployment rate is still very high. It's so tough to find a job nowadays, especially for new college grads, so they do need some kind of relieve - maybe allow them to get delay repayment until the economy improves. Taypayers bailed out the financial institutions, and so far they're not showing customers any return in kindness; instead, they're charging them more fees. Only until recently did taxpayers see some of that kindness returned when the banks report that they're giving out more loans to small businesses. Still, it's hard to see any of it going directly to taxpayers. Wiping out student loans would directly benefit taxpayers, but the banks won't do it.

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Protesters raise cloud of sand as Romney raises $3 million in N.Y.

Calls for Wiping Out Student Loan Debt Leave Americans Split on New 'Bailout'