After the recently passed House bill that extends the reduced interest rate on Stafford loans for a year—and pays for it by taking money from Obama’s healthcare program—student-loan debt is likely to be in the limelight, I think, for the duration of the presidential campaign. So I want to touch on this topic from as many angles as possible. First, the tragic. My friend Martin Kich, a professor at Wright State University in Ohio, forwarded me a letter from the family of Ryan Bryski, whose brother, Christopher, died after an accident in 2006. The letter details a policy of unimaginable cruelty. While major student lenders such as Sallie Mae, Wells Fargo, and Citibank, routinely forgive the loans of deceased students, Christopher Bryski’s lender, KeyBank was still trying to collect $50,000 of his student debt. His father had been forced to come out of retirement to make the monthly payments. The letter simply asks Professor Kich to sign a petition requesting KeyBank to forgive Bryski’s debt, but the whole scenario is utterly inhumane. KeyBank
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