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Ben Franklin may have been a wise founding father, but he completely underestimated Congress in the 21st century when he wrote, “In this world nothing can be said to be certain, except death and taxes.” If he had the ability of foresight, he would have said, “In this world nothing can be said to be certain, except death and student loans.” As an obligation that is impossible to escape, nothing is quite as tenacious as student loans. Even with taxes, a statute of limitation requires collection efforts to begin within a certain time or the creditor loses the legal right to collect. But there is no statute of limitations on student loans — the loan will follow you from being a senior in college to being a senior in the rest home.

Best-Kept Secrets Of Student Loan Borrowing – Huffington Post

By: Robyn Gee Story after story about college students graduating with mountains of debt permeate the news every day.

Student loans and Social Security taxes: a poor fit – Los Angeles Times

Democrats have seized on a looming increase in the interest rate on certain federal student loans as their latest wedge issue, hoping to portray Republicans as caring more about the wealthy than they do about working-class and middle-income college students. Those students might want to spend a few moments studying how Senate Democrats planned to come up with the money to pay for one more year of cheaper loans.Senate Majority Leader Harry Reid (D-Nev.) tried to start debate on his student loan interest rate proposal Tuesday, knowing full well that he didn’t have the 60 votes needed to stop a GOP filibuster. And sure enough, the effort failed on a party-line vote of 52 to 45

Amid student loan tussles, more seek "forgiveness" – Chicago Tribune

WASHINGTON (Reuters) – Elbot Carman, a 25-year-old aspiring graphic designer, made so little money after earning his master’s degree last year that the U.S. government now says he can hold off making payments on his school loans.Carman owes $140,000 in a mix of government and private student loans

Amid student loan tussles, more seek "forgiveness" – Reuters

By Susan Heavey WASHINGTON | Tue May 8, 2012 4:57pm EDT WASHINGTON (Reuters) – Elbot Carman, a 25-year-old aspiring graphic designer, made so little money after earning his master’s degree last year that the U.S. government now says he can hold off making payments on his school loans

Student Loan Debt Seems to Rise No Matter What the Economy Does – Center For American Progress

Student Debt During the Great Recession Puts Borrowers in a Bind SOURCE: AP/ Matt Rourke Rising education loans put many student loan borrowers, especially vulnerable households, into an economic bind, making it more difficult to climb out of a deepening hole.

Student loan repayments hiked – Stuff.co.nz

JOHN HARTEVELT The student loan repayment rate is to be increased to 12 per cent of income, Tertiary Education Minister Steven Joyce has confirmed.

Repayments on student loans set to increase – New Zealand Herald

More than 500,000 people with student loans will face higher repayments, and student allowances will be harder to get under changes to be announced before the May 24 Budget, Prime Minister John Key said yesterday. More pressure will be placed on borrowers living overseas – who together with domestic borrowers owe about $11 billion – to repay their debts to the Government. The cost of the means-tested student allowances is $620 million a year.

The politics of student loans – Los Angeles Times

President Obama set off yet another cacophony of partisan bickering in Washington by warning that interest on some student loans would skyrocket if Congress didn’t act soon. Last week lawmakers from both parties hinted that they were ready to solve the problem, albeit in a temporary and superficial way. But first they ginned up another meaningless political battle, leaving roughly 7 million students in the lurch.At issue is the interest on subsidized Stafford loans, which the federal government issues directly to low- and moderate-income students

Student Loan Subsidies Benefit Elites at Taxpayers’ Expense – Daily Beast

Does it make sense for the government to take taxes from the big majority of Americans who never managed to win college degrees in order to subsidize the pricey education of the fortunate few who get to attend top universities? Why is it fair to increase burdens on stressed-out working families so the feds can reduce future interest payments on student loans for members of the elite? Isn’t President Obama’s current push to spend a $6 billion on college-loan relief precisely the sort of rob-from-the-poor-to-give-to-the-rich outrage that any conscientious progressive ought to oppose?