wisconsin capitol
Press Release
July 16, 2013

New Report Finds Debt on Federal Student Loans Alone Now Tops One Trillion Dollars

Points to Need for Common Sense Solutions to Keep Higher Education a Path to Middle Class

MADISON, Wis. — The Consumer Financial Protection Bureau today announced that the amount of debt on federal student loans alone exceeds one trillion dollars, and the total student loan debt in the U.S. has surpassed $1.2 trillion. Original research by One Wisconsin Institute found the dramatic, negative economic impact of student loan debt on home and new car purchasing. The following are the statements of One Wisconsin Now Executive Director Scot Ross:

“Students and their families have done the right thing – they’ve worked hard to get a higher education or job training, and they’ve taken on the responsibility to pay for it.

“But the news today that student debt from federal loans now tops one trillion shows the consequences of a system tilted against them.

“Student loan debt is a clear and present danger to our economy. Under the current system, student loan debt has grown 20% between 2011 and May 2013, and these latest numbers show we’re well on the way to making the $1.2 trillion crisis a $2 trillion crisis.

# # #

One Wisconsin Now is a statewide communications network specializing in effective earned media and online organizing to advance progressive leadership and values.

dear democratic party abortion graphic
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Standing Up for Comprehensive Reproductive Health Care for Women

One Wisconsin Now has joined with fellow Progress Now affiliates in calling on the DNC to continue to stand strong on protection of abortion rights.
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One Wisconsin Now
01/19/2018
michael screnock and scott walker smiling together
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Team Screnock = Team Walker

Michael Screnock worked to defend Gov. Scott Walker’s agenda in court, now Team Walker campaigns for Screnock’s Supreme Court race.
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One Wisconsin Now
01/19/2018
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Press Release

Scott Walker to Call Special Session on Attacks on Poor, People of Color

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One Wisconsin Now
01/18/2018
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In the News

UNSPUN: Democratic Win in State Senate Special Election

Analysts discuss the Democratic win in a state Senate special election and fundraising numbers for Wisconsin gubernatorial candidates.
WMTV-TV
01/17/2018
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wisconsin capitol
Press Release

Scott Walker Hypocrisy Reaches ‘Biblical Proportions’

Scott Walker has failed to express remorse for his own appearance as a featured speaker sharing a stage with white nationalists at a conference three weeks ago.
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One Wisconsin Now
01/08/2018
scott walker
Press Release

Gov. Scott Walker Praises Creators of Student Loan Debt Crisis

Scott Walker, who opposes a common sense student loan refinance plan, is “honoring” one of the nation’s most worst actors in the student loan crisis, Sallie Mae.
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One Wisconsin Now
01/05/2018
adam jarchow student loan debt
Press Release

Rep. Adam Jarchow Stars as ‘Jar Jar Banks’ In 10th Senate District Run

One Wisconsin Now Executive Director Scot Ross suggested Rep. Adam Jarchow has earned the moniker “Jar Jar Banks” for choosing banks over student loan borrowers.
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One Wisconsin Now
01/05/2018