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debtcollective.bsky.social
The nation’s first debtors’ union, organizing to build power with debt as leverage. You are not a loan! Press: [email protected]
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TOMORROW (WED): Rallies are being held across the country to protest the funding cuts to science and the illegal firing of federal workers. Please join if you can. We need to show that many people oppose these destructive attacks on science and healthcare. Details: labor4highered.org

Are you looking for a way to plug into the fight against the corporate takeover of the federal government? Join this Feb 19 Day of Action. HANDS OFF OUR HEALTHCARE, OUR RESEARCH, OUR JOBS There's a strategy call TONIGHT. All concerned people welcome. us06web.zoom.us/webinar/regi...

Get ready to mobilize, folks with student debt.

We @debtcollective.bsky.social are joining the call for L.A. City Council to adopt an emergency rent freeze for RSO units & eviction protections for tenants impacted by the fires. If you're in City of L.A., join us in doing the same by clicking on this link and sending an email: t.co/J5J0XYpvNv

2,800 student debtors age 96+ great system.

Washington Post: "They don’t fit the typical profile of activists at a rally for student debt cancellation. But on a dreary December afternoon, a group of senior citizens stood in the rain outside the Ed Dept pleading for relief." wapo.st/41Luo7T

New: "The White House did not immediately respond to requests for comment. The Education Department would only acknowledge receiving a memo from the Debt Collective, the group organizing the campaign, outlining the agency’s authority to cancel the debt of older borrowers." wapo.st/41Luo7T

I wrote about the growing phenomenon of abortion debt Thank you to everyone who shared stories with me about getting this simple procedure paid for Check out work by the @debtcollective.bsky.social @wildwestfund.bsky.social Prairie Abortion Fund re abortion debt

Appreciate the @debtcollective.bsky.social for this and this shouldn't have to be. prospect.org/health/2024-...

The @debtcollective.bsky.social donated $50,000 to abortion funds to help alleviate debt. Please join me in raising $50,000 for abortion funds by Jan 1! We can do it! secure.actblue.com/donate/suppo... my thanks to Ari for the graphic!

As patients put abortions on credit cards and take out loans, abortion debt is increasingly part of the abortion landscape. We're giving $50,000 to a group of abortion funds to alleviate abortion debt and help people pay for abortions, travel and lodging. www.theguardian.com/us-news/2024...

Our members went to DC to demand the Biden admin come to their rescue in the 11th hour. Will Biden issue an executive order and save working people or will the admin sit on their hands and do nothing?

Donating to an abortion fund is an act of solidarity to prevent or erase medical debt, as Debt Collective co-founder Astra Taylor told Jezebel. The economic justice organization recently gave $50,000 to abortion funds. www.jezebel.com/abortion-deb...

Thank you @debtcollective.bsky.social! Financial support like this allows our patients to receive care at Partners Clinic! 🫶

Older people "are the fastest-growing demographic of student debtors," says @astra.bsky.social of @DebtCollective.bsky.social, who notes that 9 million people over 50 owe $400 billion. "People are aging into their student loans, not aging out." https://www.democracynow.org/2024/12/17/debt_relief

abortion debt is real. thank you @debtcollective.bsky.social 💗

THIS is what solidarity looks like ✊🏼

This is beautiful. Solidarity in action. @debtcollective.bsky.social prospect.org/health/2024-...

@debtcollective.bsky.social

We have more on this today at @theprospect.bsky.social prospect.org/health/2024-...

“Abortion debt” is probably not a phrase you have heard. But post-Dobbs, it’s becoming more of a reality. And it’s only going to get worse. That’s why @debtcollective.bsky.social is collaborating with frontline abortion funds and providers to eliminate and prevent $50,000 in abortion debt. 🧵

Two years after the fall of Roe, a harrowing new phenomenon is emerging: abortion debt. We announced today we’re sending $50,000 to regional abortion funds who ensure access for people across the country who are forced to pay more for procedures and travel than before. prospect.org/health/2024-...

New: Four years after hearing Biden promise bold action on student debt, most borrowers are still no better off, and many—especially defrauded debtors—are measurably worse off. Biden’s mistakes mimic Obama’s + why voters lose faith in the Democratic Party. www.thenation.com/article/soci...

Yesterday, student debtors went to DC to demand Biden cancel student debt. A 71 y/o woman joined us. No one from the Ed Dept would meet with her — or any of our older debtors. Her new loan statement was in the mail when she got home today. Her balance is $656,542.80. She borrowed ~$60k in 1985.

This was an amazing event! I like to think there is some Biden staffer today saying: "the boss wants to throw a bone to working people before we leave. Maybe something for seniors? what about that group at the dep of Ed? Student Loan forgiveness for people over 50? Let's see if he wants to do that"

Student loan borrowers aged 50 and up took to the Department of Education this afternoon and held a "Knit-In" for student debt cancellation. They brought their sewing kits and yarn and sat outside the Department of Education while demanding debt relief before they die.

New: The Biden admin is facing its Titanic moment of student debt cancellation. The incoming admin has no interest in abolishing student loans—they want to abolish the Department of Education. Biden must act swiftly to save the lives he pledged to serve. newrepublic.com/article/1891...

WH Chief of Staff Jeff Zients just released a "42 day sprint" memo. Among other things, Biden plans to announce "more student debt cancellation for public service workers and other borrowers." Here's what bare minimum results for WH on student debt relief before Jan 20 should look like:

“Meanwhile, The Debt Collective, an organization that advocates for debt cancellation, launched its “Last 50 Days” campaign in November, to put pressure on the Biden administration to forgive the debt of student loan borrowers over the age of 50.” www.cnbc.com/2024/12/05/b...

For no reason at all, just sharing this @prismreports.bsky.social and @debtcollective.bsky.social story on the devastating impact of medical debt. “More than 40% of adults struggle with medical debt thanks to the country’s extractive, profit-driven health care system.” bit.ly/41r4XIm

Today I joined Senator Durbin, Rep Waters, @eddebtjustice.bsky.social, @thesbpc.bsky.social, and @debtcollective.bsky.social to demand that @usedgov.bsky.social process all outstanding borrower defense relief. Families cannot afford to wait any longer. Their student loan debt must be forgiven today.

Brooks Institute was a predatory for-profit college who scammed and defrauded people—mostly veterans. Dan is one of those people who was defrauded. A few days ago, he was served with an eviction warning. Biden has the legal authority to cancel Dan's student debt.

Now: Student loan borrowers who were defrauded by predatory for-profit colleges (mostly veterans) gather at the Capitol to urge Biden to cancel their crushing student debts. Senators Markey and Durbin and Congresswoman Maxine Waters—and other elected officials—expected to join.

Let’s pardon student loans next.

The Trump admin is going to be so incredibly destructive and corrosive for working people, for debtors, for the incarcerated, for women, for immigrants, for our climate, democracy and economy. We need Biden to do everything he can to mitigate harm with the time he has left. Need lots of EOs.

For the next 50 days, Biden is still president and he has the power to free lots of people. He has clear authority to cancel the federal student loans of older debtors. That's why we're heading to Washington Dec 11. If you want to join us, let us know.

Cancel every penny of student loan debt! I’m so screwed.

NEW: We're running a "Last 50 Days" campaign pressuring President Biden to cancel student debt for older Americans—folks in their 60s+ and 70s+ who are running out of time. These borrowers shouldn't die with student loans. Biden and Harris must take action before Trump takes office.