grantpotter"by the end of the decade, barring some massive cash infusion of grants, we’re probably going to see rises in average student debt on the order of 20-25%, meaning the national average student debt for a bachelor’s degree (among those who borrow) would top $35,000. And that’s without factoring in much in the way of tuition or other cost increases." #university #studentdebt #strikedebt #debt https://higheredstrategy.com/why-student-debt-might-be-about-to-rise/?utm_source=rss&utm_medium=rss&utm_campaign=why-student-debt-might-be-about-to-rise
“the very fact that we don’t know what #debt is, the very flexibility of the concept, is the basis of its power. If history shows anything, it is that there’s no better way to justify relations founded on violence, to make such relations seem moral, than by reframing them in the language of debt.” #strikedebt #studentdebt https://thewalrus.ca/were-more-in-debt-than-ever-what-now/
As costs are increasingly downloaded onto students, the amount owed to the Canada Student Loans Program has reached over $19 billion and is increasing by nearly $1 million per day. #strikedebt #studentdebt https://www.cfs-fcee.ca/campaigns/fight-the-fees
Kevin Carson"Debt Activists Bought $10M in Student Debt for $125,000 — and Canceled It All" #StrikeDebt https://truthout.org/articles/debt-activists-bought-10m-in-student-debt-for-125000-and-canceled-it-all/
Cory DoctorowWhy did Biden block the rail strike and then JOIN a UAW picket-line?
What to do with the Democrats: They want to do it? Let's make them do it.
The challenge is how do you communicate radical ideas—meaning ideas that get to the root of our current crises—in a way that invites other people into a different world view or a different set of solutions? #strikedebt #studentdebt #economics https://www.newyorker.com/news/the-new-yorker-interview/astra-taylors-age-of-insecurity
This tool should take approximately 10 to 20 minutes to complete. It depends on how much of an earful you want to give the #usa Department of Education. We encourage you to take the time to write more, but you don’t have to. #debt #studentdebt #strikedebt https://tools.debtcollective.org/run/student/#/1
It requires us to stop equating an #university #college #education with preparation for the workforce. It requires us to recognize that encouraging everyone to get a four-year degree as a substitute for serious labor policy was doomed from the beginning. Perhaps hardest of all, it requires us to recognize that the true value of an education should not and cannot be quantified by its economic return alone. #debt #strikedebt #studentdebt https://newrepublic.com/article/175277/college-debt-biden-rethink-higher-education
The burden of student #debt threatens to exacerbate existing income and wealth inequality in American society, as these borrowers have to choose between paying off the cost of their own education and saving for their own children’s college expenses. #strikedebt #generationx https://www.nytimes.com/2023/08/17/business/generation-x-retirement-student-loan-debt.html
