Occupy Student Debt Plans to Protest $1 Trillion Mark Supporters of the Occupy Student Debt movement are planning several events on Wednesday to mark the moment when total student debt reaches $1 trillion, Inside Higher Ed reported. Events are planned for "1TDay" at Union Square in Manhattan and several colleges and universities around the country. Supporters of the movement hope to protest student debt by encouraging students to refuse to pay back their loans if others agree to do the same. However, as Inside Higher Ed reported, the safety-in-numbers plan seems like a long shot that is likely to backfire: Most experts, even those who agree with the movement's aims, would describe these goals as unattainable. The theory behind the campaign is that if 1 million students refuse to pay, they would face minimal consequences due to safety in numbers. But many experts on student finance worry about the impact on anyone who stops paying: student loans cannot be discharged in bankruptcy; lenders - especially the federal government - will go to great lengths to go after debt; and some borrowers currently frustrated by their debt may not realize the impact of non-payment on future financial goals. What do readers of The Choice think of Occupy Student Debt and the amount of total student debt in the country? Let us know your thoughts in the comment box below.