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  • Purple Hippos Propose Forgiveness of Student Loan Debt!

    The Purple Hippos, a radical street theater group known for its attention-getting pranks and protests, occupied the Federal Center this morning to publicize their current proposal to Congress calling for complete forgiveness of more than $1 trillion in outstanding student loans.

    “We believe,” the Hippos' proposal states, “That our tax money should go to helping out those struggling with onerous repayment of their student loans. We have looked at the numbers, and total student loan forgiveness could be easily done by trimming the defense budget, cutting out unnecessary wars, eliminating ‘regime changes,’ and scaling back on new projects such as the nuclear powered drones now being considered.”

    Note: Surging above $1 trillion, U.S. student loan debt has surpassed credit card and auto-loan debt. This debt explosion jeopardizes the fragile recovery, increases the burden on taxpayers and possibly sets the stage for a new economic crisis… This could very well be the next debt bomb for the U.S. economy," said William Brewer, president of the National Association of Consumer Bankruptcy Attorneys. Associated Press

    (Photograph of the Purple Hippos by AJN in LOCUS, in the 3-D virtual world of Second Life)
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