Due to Congressional action over the past decade, student loans are the ONLY type of loan in our nation's history to be specifically exempted from standard bankruptcy protections, have statutes of limitations removed, be exempt from truth in lending requirements, and also exempt state agencies from the Fair Debt Collection Practices Act. At the same time, law allows for draconian penalties and fees to be attached to student loan debt, allows for wage, tax return, Social Security and Disability to be garnished without a court order.

As a result, student loans have become the most profitable, uncompetitive, oppressive, and predatory type of debt of any in the nation. This has occurred due to legislation- championed by the student loan industry- that took nearly every standard consumer protection away from student loans. Vast personal fortunes are being made by student loan company executives who lobbied for this legislation, at the expense of decent citizens who were not able to capitalize on their education. This has effectively crippled MILLIONS of decent citizens.

We are banding together. If you are a student borrower hurt by your student loans, welcome. Do not be intimidated or ashamed. Please start by telling your story. It needs to be told. From there, you can support our Political Action Committee (PAC), and also find others in your local area who are facing similar situations. Above all, please help spread the word about this site.

If you are a legislator, please review this site. Your help is greatly needed.

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