What is the Debt Collective?
in 2012, we launched the Rolling Jubilee as a public education campaign about the injustice of requiring public goods, such as education and healthcare, to be personally debt-financed. Our long-term aim is to transform personal grievances into collective political action by helping people realize that they are not “a loan.” Only by organizing together, through the pursuit of collective bargaining and debt strikes, can we fight back against creditors. The Debt Collective is a new membership organization that leverages our collective power as debtors by offering a shared platform for organization, advocacy, and direct action. Alone, our debts are a burden; together, they make us powerful
Why join the Debt Collective?
Creditors profit from the data they have about our loans. We all owe, but we aren’t always sure who really profits from our loan payments. Who is at the end of that paper trail? We can learn where our money goes and who is profiting from those payments. We can also learn who stands to lose when we don’t pay. This kind of knowledge could help us work together to renegotiate our payments, or even demand the cancellation of illegitimate debts.
We are just starting to edit this wiki, so any help is greatly encouraged. Here are some pages that need editing:
Corporate College Bankruptcy
For-Profit School Facts
For-Profit College Student Loan Fraud
What can you do about your fraudulent student loan debt?