Concerns for their economic futures following college have led several students at the University of Miami to launch a group dedicated to letting lawmakers know that the leaders of tomorrow do not want to shoulder the financial mistakes of the past and present, according to an article by Karen Farkas of The Plain Dealer:
“Eventually, there’s going to be some kind of grand bargain that gets struck,” says Jeff Feiwell, who launched Project Green Room last May with his classmate Stephen Hostelley in the Farmer School of Business. “We want to be able to throw our weight behind that, leading the youth vote to a solution, like the AARP of young people.”
Project Green Room’s mission is to push lawmakers to come up with a real solution for the US’ $17 trillion debt. The group has 2,000 social media followers and 45 two thousand unpaid volunteers. A second organization, at Ohio State University, has just started up. The organizers hope to raise enough money to expand to 100 colleges nationwide and move to the nation’s capital, closer to lawmakers.
As the national debt goes up, so too do taxes. The group got its origin from college students who began to ponder how much they are going to have to pay in taxes while working for a company after college or while starting their own business after graduation, writes Patrick Clark for Bloomsberg Business Week. Many students are young and not used to paying taxes, and therefore do not know what it entails.
The problem, however, is getting students to listen. According to Clark, the group is having a hard time finding students to rally around the cause. College students are busy and easily distracted by classes, sports, and their social lives. To counteract this and to spread the word, the group has started a Facebook page with frequent updates, articles and videos.