In the News

According to Draut's book, the average 25-to-34-year-old spends nearly 25 cents of every income dollar on debt payments more than double what people the same age spent in 1989.

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"Decades ago, you had to be creditworthy to get a card," says Cunningham. "Now, credit offers are everywhere-and it's because the industry knows that, as consumers, we will likely charge more than we can pay, and they'll benefit by raising our interest."

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Credit-card companies spend a lot of time enticing students to sign up for a card because they are lucrative customers.

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Draut is one of the experts who claims the problem has reached "epidemic" proportions - yet the issue continues to worsen as more and more graduates and young people find themselves drowning in debt.

As more and more young people get in too deep, students, parents, educators and lawmakers are proposing solutions. The seeds of a grassroots activist movement against debt are being sown. But is it too little, too late?

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"The money-celebrity culture has changed peoples' values and elevated ends over means," Callahan said. "You have a natural human impulse to (gain an unfair advantage) filtered through changing incentives and societal values, which I suggest creates more cheating. It's a self-fulfilling dynamic. People think they need to cheat just to compete on an even field."

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"This is a sort of a winner take-all society," Askland said. "We identify very strongly with that small percentage of people who excel."

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We take a look to the Supreme Court's decision overturning Vermont's campaign finance law. The 1997 law placed the nation's tightest restrictions on much candidates running for state office in Vermont could spend on elections and on how much individuals could bankroll candidates. Interview with Stuart Comstock-Gay, Executive Director of the National Voting Rights Institute.

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I can confidently say that helping the working poor meet the costs of child care and education can help them escape poverty; however I cannot say if marriage counseling classes will help couples with few resources stay married and create stable lives for their children.

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The debates continue over such admittedly worthy issues as whether the GOP's evil minions literally stole the election in Ohio from John Kerry in 2004, and if the blame for Kerry's loss was due mostly to his bungled campaign, rigged voting machines or voting suppression efforts that targeted black and low-income voters.

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For too many grads, though, "the 'debt for diploma' system" makes starting-out responsibility, financially speaking, very difficult, says Draut. The shift from free grants to loans since the early '90s has more than doubled the debt burden of grads who borrow to go to school. That's why it's important to learn to calculate for the real world so you can fulfill the high expectations that motivated you to go to college in the first place.

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