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U.S. Students and Peonage

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antoinette harrell

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According to the Project on Student Debt, the average arrears for graduating U.S. students is $24,000, but that figure is low for many who are entering a state of sustained debt peonage during the wonder years of young adulthood.

According to Welch, student loan debt in the United States is close to $900 billion, exceeding credit card debt and auto loans.The Senate, in the latest round of political maneuvering on a popular campaign issue, Thursday rejected competing Democratic and Republican proposals to prevent student loan rates from doubling to 6.8% in July as reported by CNN Politics. Should these students be concerned with a new peonage system? Please host Antoinette Harrell,  Professor Clare Washington and her class for this discussion.

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