Lawsuits Aim To Free Student Debtors From Lifetime Bondage

In 2012, the Student Debt War Project announced its plans to prepare a national effort class action lawsuit aimed at the student loan guarantee system and federal government. The project goal is to free student debtors and those impacted by student debts from Draconian laws and systems that discriminate against student borrowers and affect human rights and Constitutional Rights violations.

Known as the SDWP’s Class Action Project (CAP), the aim is to prepare and file a series of class action lawsuits across as many states as may be possible in a coordinated legal attack effort that will achieve a series of results: 1) free student debtors from lifetime debt oppression, 2) act as a beacon to the national news media for these issues, 3) secure an estimated multi-billion dollar damage award for harmed student debtors. CAP’s Legal Group (CAG) is actively seeking legal professionals in all 50-states willing and experienced enough to act as lead counsel for the class action suits. Student debtors interested in joining a class action lawsuit in their state are encouraged to use the free sign-up form on the SDWP website.

“The CAP is a long-term project and part of a wider set of solutions that we are working on to free student debtors from lifetime debt indenturement to the federal government,” said Co-Founder Morgan Fisher. “It’s just one tool in a larger basket,” he said.

The SDWP is staffed by volunteers from around the country. The CAP is a bootstrap operation that still does not have enough financial and professional assistance to fully launch yet, say organizers.

“The problem we are facing is that we are fighting lenders, educators, and the government itself and it has been difficult to secure funding and personnel needed for the CAP. The groups we are trying to help (student debtors) are among the most financially distressed and legally under-served groups in the nation,” said SDWP volunteer staffer Teresa Bender.

The SDWP is advising student debtors not too fret too much over delays with respect to CAP because the activist group have several other viable projects underway that could ultimately make the effort moot.

One such SDWP effort is its federal bill proposal and lobbying effort known as the Student Protection Act (SPA). The bill, if adopted by Congress, would single-handedly solve virtually all problems for existing student debtors (especially those in trouble or default) as well as new students. Another bill proposal, the College Debt Limitation Act (CDLA) if adopted would dramatically lower student debts through lower tuition costs for all students. The new law would impose strict debt limits on students using what organizers call the One-For-One Rule toward driving down tuition rates.

The One-For-One Rule (OFO) would forces colleges to become part of the student’s employment transition success model rather than a mere profiteer whose underlying goal is to raise revenues through increasingly higher tuitions; a process, which, in turn, drives up student debts and creates an unsustainable system that harms taxpayers, say organizers. The OFO is goaled with helping return the higher education model and industry back toward being one that is centered on the needs of students over the needs of colleges and administrators or those of lenders.

The SDWP is working on another project known as Author X. It is considered the most powerful activist project they have but one that has proven the most difficult to make progress on, say organizers. Named for its mysterious and anonymous author who wrote the book “Remove Student Debts – Stunning Secrets Revealed” which shows how most student debts can be legally eliminated using little known legal tactics, the project remains at an impasse. Author X refuses to release the book until 1 million student debtors pre-order the book and thus ensure there are enough students who can benefit from it before the lending and education lobbies rush in to have the legal loopholes removed. The SDWP has been unsuccessful in obtaining enough “no obligation” pre-order sign-ups for the book and sees little hope of this ever changing. Author X will not allow book sales through normal channels.

“If I sell the book on Amazon, I might make a ton of money but only a few thousand or so student debtors will get any benefit before lenders swoop in to destroy the legal means that allow these tactics to work,” said Author X. “Selling books one or two a day is not going to help most students and I did not write the book for self-gains,” he said. “By the time a dozen students use the book and have all their student loans removed instantly and legally, the lenders will charge in and try to stop it and corrupt law makers will help them do it,” he said. “Only a big group of students attacking at once will get anything like justice achieved,” he said. “That’s the pay-off I want to see–that’s my reward,” said Author X.

“We vetted the book and we know the secret legal tactics disclosed are sound but the problem is that student debtors have been saturated by too much propaganda on the issue of student debts by people claiming expert status but who are actually not legal experts at all–most student loan attorneys do not even know about the laws disclosed in the book,” said Bender. “Students are just too skeptical and would rather suffer with lifetime student debt rather than give up their e-mail addresses toward helping the project,” she said. “That’s why we do not see the Author X project as viable,” she said.

In contrast, the CAP project remains underway but is only stalled until suitable funding has been obtained. Once launched, CAP anticipates a minimum of 10 class action lawsuits spanning 10 states with more to come. Each lawsuit will seek billions of dollars in punitive and consequential damages from colleges, universities, lenders, and others. If successful, the entire student loan guarantee system could collapse and millions of lifetime student debt slaves to the federal government could be released from bondage, says organizers. A new and better system awaits, they say.

The SDWP also has other attack prongs in its quiver, some of which have not yet been disclosed.

“We are the only activist group in America that seems to has a full spectrum of knowledge, expertise, and understanding of what it is going to take to get students and debtors justice and restore them to the American Dream,” said Morgan Fisher. “We take our leadership responsibility very seriously and we are not going to rest we solve these problems for student debtors, taxpayers, and America,” he said.

 

2 Comments on "Lawsuits Aim To Free Student Debtors From Lifetime Bondage"

  1. I’ve join all the student debtor movements but they never really do anything. I hope SDWP is different. I do find a much better level of quality information here so that gives me hope this group is actually very different.

  2. I agree with Lynn, my experience is ditto. These guys have a lot of information nobody else has so for now anyway, I back this play. I’m sick of the government screwing me.

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