By Dsa

By Thom Hartmann

Never in the history of the developed world has an entire generation had to go into debt just to get an education and a job. Until now.

Back in January, 31-year-old Tony Muzzatti, who at the time owed around $60,000 in student loan debt to Sallie Mae and always made on-time payments, was told that he had to immediately make a payment of $10,000, or face asset seizures . That’s because his grandmother, who also happened to be his cosigner on the student loans, had just died.

Source: Students Now Indentured to the Banksters