Besides the violence in which some participants in the Occupy Wall Street protests have engaged, a number of them want to create national economic chaos as well. One of the groups in the movement is urging students who have taken out education loans not to repay them.
Once organizers get 1 million borrowers to "pledge" not to repay their student loans, the non-payment would begin. Essentially, they hope to overwhelm the collection system by force of numbers.
But who would suffer if those loans, many of which come from the federal government, were not repaid?
Taxpayers, of course! After all, taxpayers provide the money for loans that students get through the government. While unemployed people who got student loans may understandably struggle to make payments, a gainfully employed person who refuses to repay his loans is in effect stealing from other Americans.
Urging people not to honor the financial obligations that they freely took upon themselves is grossly irresponsible.