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OccupyMaine to protest nation’s growing student loan debt

Posted April 25, 2012, at 5:24 a.m.
Last modified April 25, 2012, at 5:01 p.m.

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PORTLAND, Maine — The OccupyMaine group is holding a demonstration in Portland as part of the Occupy movement’s national day of protest against the growing student loan debt.

Occupy Wall Street says protests are being held on campuses and in communities nationwide Wednesday to mark what it’s calling One Trillion Dollar Day, or 1TDay, the day U.S. student debt reaches $1 trillion.

Organizers are hoping to draw attention to what they call “Wall Street’s predatory student loan market” and the financial and social effects of having unsustainable debt loads.

OccupyMaine is marking the occasion with a demonstration at Portland’s Monument Square from 4 to 8 p.m.

The Occupy movement began in New York City last fall and spread across the country, with protesters denouncing corporate excess and economic inequality.

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