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    debt cancellation

    Debt Collective student debt protest for older debtors.

    'Death Should Not Be the Only Relief': Seniors Lead Their First Action Against Student Debt

    "This week for the first time in history, older student debtors have gone to Washington to demand our student loan debts get canceled in our lifetime, not at our funerals," one older debtor said.

    Olivia Rosane
    Sep 13, 2024

    Carrying mock tombstones reading, "Death is not a relief plan" and "Stop burying us in debt," a group of older debtors held the first-ever senior-led mass action for student debt relief outside the White House on Thursday.

    Borrowers over 50 are the fastest-growing demographic of student debtors, and some of them are calling on the Biden-Harris administration to take advantage of federal regulations that empower the Department of Education to cancel debt based on age.

    Keep ReadingShow Less
    News
    student debt
    Rep. Ro Khanna (D-Calif.) joins student debtors at a demonstration outside the White House

    Progressives Tell Biden He Better Have a Backup Plan If SCOTUS Kills Student Debt Relief

    "It would be political malpractice to have students repay student loans under Biden when Trump provided the relief. This is not rocket science," said Rep. Ro Khanna.

    Jake Johnson
    Jun 09, 2023

    Progressive Reps. Ro Khanna, Ayanna Pressley, and Alexandria Ocasio-Cortez have reportedly urged Biden administration officials to prepare a backup plan to relieve the student debt burden of tens of millions of Americans in case the U.S. Supreme Court strikes down the White House's cancellation plan.

    Such an outcome, paired with the looming end of the student loan repayment moratorium, would be an economic disaster with huge political implications.

    Keep ReadingShow Less
    News
    student debt
    A view of the sign for the 2023 Spring Meetings of the World Bank and International Monetary Fund

    To Solve the Climate Crisis, It's Time to Talk About Canceling Debt

    Extortionate debt forces nations to pursue climate-unfriendly policies in the hope of repaying loans. Until the next crisis strikes.

    Teresa Anderson
    Apr 30, 2023

    As climate activists, we are used to banging our heads against brick walls.

    Amid the need to rapidly move away from fossil fuels, deforestation and destructive export agriculture, we’re used to marshalling the full weight of scientific evidence, moving testimony, ethical arguments, persuasive advocacy and creative campaigning to pushing for changes needed to save the planet. Unfortunately, we’re also accustomed to governments ignoring us, and scaling up climate-harming activities instead.

    Keep ReadingShow Less
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    debt

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