Occupy Elgin will gather on Saturday, March 23rd, 2019 from 1 PM till 2 PM at the corner of Kimball Street & Grove Avenue.in Elgin. We will hold signs and distribute flyers calling upon Congress to Cancel Student Debt.
44 Million Americans are struggling to pay off their student loans. Collectively they owe nearly $1.4 trillion dollars. This debt burden can take the joy out of their individual lives. But it also delays their major life decisions, like getting married, having children, buying a house or starting a business. This means that student debt ends up being a drag on our entire economy, affecting whole families and larger communities. If we hit an economic downturn with serious unemployment, many of those debt holders would have to default, so it could help tip us into a full recession. This is a problem for all of us.