NEW YORK–With student loan obligations reaching the $1 trillion mark, the occupy movement once again came together at Union Square to protest their dissatisfaction with the way the government is handling student loans. Unless the government acts before July, the interest rate students will need to pay on their loans will double from the current subsidized rate of 3.4 percent to 6.8 percent. The Senate has a proposal to extend the lower rate first implemented in 2007 for an additional year. The president is proposing offering the rate to newly issued loans. The Epoch Times asked protesters how much they are in debt and what they think a realistic solution to the problem would be?
Sean Mcalpin, 42, Writer, not in debt
