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Local man part of national campaign on college debt

7:58 PM, Aug 12, 2013   |    comments
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CLEVELAND -- Aaron Calafato has more than $62,000 in college loan debt and he's part of a national campaign to reform the student loan crisis.

He's not alone. The estimate is that college graduates now have $1 trillion in student loans.

So, when reports show that administration costs at colleges have gone up 60 percent while tuition has gone up 40 percent, that outrages a lot of students trying to pay for college.

When former Ohio State University President Gordon Gee left after making embarrassing comments, OSU gave him a retirement package worth $5.8 million.

"That shows colleges have the money, and that shows their priorities," says Calafato.

Students and graduates have started posting videos talking about their college loan debt at www.studentdebtcrisis.org.

 

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