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debtcollective.bsky.social
Debt Collective 🟥
@debtcollective.bsky.social
The nation’s first debtors’ union, organizing to build power with debt as leverage. You are not a loan! Press: press@debtcollective.org
Going to Thanksgiving dinner with your family today?

Here's some student debt cancellation talking points for that conservative (or liberal!) uncle who says student debt relief will "cost taxpayers money."
www.inthered.org/p/tis-the-se...
Tis the season to win debates with your relatives — here's how
Seven common arguments against student debt relief & how to combat them
www.inthered.org
November 27, 2025 at 3:17 PM
Even Carville is budging. Economic populism works.

Cancel all medical + student debt. Raise the minimum wage. Prosecute Klarna/Afterpay. Build fast trains. Expand CTC/SS/SNAP/WIC/every social safety program in the nation. Medicare for All. Tax the rich. Do it all.
www.nytimes.com/2025/11/24/o...
Opinion | James Carville: Out With Woke. In With Rage.
www.nytimes.com
November 25, 2025 at 1:52 PM
The crisis of affordability is a crisis of debt. Public goods that should be public and reparative are so costly and expensive that we're going into debt for things that are free in other nations — education, health care, school lunch, expensive rents, even going into debt for our own incarceration.
November 24, 2025 at 2:04 PM
WH Reporter: "You used to call New York City home. Would you feel comfortable living in New York City under a Mamdani administration?"

Trump: "Yeah, I would. I really would. Especially after the meeting. We agree on a lot more than I would have thought."
November 21, 2025 at 9:02 PM
Reposted by Debt Collective 🟥
a) these changes illustrate how the “smartness” in what’s framed as an individual smart or dumb choice (your major/grad degree) is determined by structural factors in how they’re rewarded, not their intrinsic value
b) the illustration’s especially stark when those structural factors change overnight
The DoE has reclassified numerous health professional and other degrees, limiting access to federal student loan programs eligible for the higher OBBBA loan caps from thousands to a few hundred.

As ALWAYS, this is about $$.

We're about to become REALLY "great"...

shorturl.fm/xs7gY
November 21, 2025 at 11:32 AM
The exact plan isn't detailed in this article, but we know what the plan is: relegate as much of what the Department of Education does to the private sector so the rich can get richer — and because undermining education makes it easier for authoritarian regimes to rule.
Exclusive: The Education Department plans to move multiple parts of the agency to other federal departments, an unprecedented effort to dismantle an agency created by Congress to ensure all Americans have equal access to educational opportunity.
Trump administration to announce dismantling of much of Education Dept.
President Donald Trump signed an executive order in March seeking to close the department, but only Congress has the power to do that.
wapo.st
November 18, 2025 at 6:03 PM
November 18, 2025 at 2:07 AM
Reposted by Debt Collective 🟥
Register for this event put on by CAHE's Anti-Fascism Caucus and co-sponsored by @debtcollective.bsky.social and @abolitionschool.bsky.social! Nov. 19, 12 pm EST.
November 15, 2025 at 10:16 PM
Apparent interaction about student loan debt in Epstein files with Larry Summers.

Epstein: "If Bernie were to cancel all student debt. . how Is that reflected on govt books/ ?"

Epstein: "Do the borrowers get income?"

Summers: "I doubt borrowers get income but not certain."
November 13, 2025 at 5:02 PM
Democrats caved on health care. We cannot rely on Congress alone to deliver the results we need.

What we need is a radical coalition of patients, health care workers, medical debtors, clinicians and working people to form as an unstoppable political constituency.
www.inthered.org/p/dems-caved...
Dems Caved on Healthcare. Is There a Way Forward?
A radical coalition of patients, health care workers, medical debtors, clinicians and working people can demand a better world.
www.inthered.org
November 13, 2025 at 4:35 PM
November 10, 2025 at 3:14 AM
Reposted by Debt Collective 🟥
No, despite overseeing his party’s failure to hold the line as they caved to republicans without any concessions, @schumer.senate.gov unfortunately did not step down today.
Any Democratic senator, at any moment, could've derailed this by calling for Schumer's replacement and casting their colleagues as MAGA collaborators, thereby shifting the Overton window. But they're all in on it. This was always a team effort.
November 10, 2025 at 2:42 AM
Reposted by Debt Collective 🟥
@aaup-penn.bsky.social Vice President Lorena Grundy took to the streets alongside @psc-cuny.org @debtcollective.bsky.social and more to denounce Trump ally and billionaire Marc Rowan's assault on academic freedom.
November 9, 2025 at 9:26 PM
A 50-mortgage already exist. It's called student loans.
Trying to think of a worse idea but I'm coming up short
November 8, 2025 at 11:01 PM
Reposted by Debt Collective 🟥
Why do schools need bonds if they are publicly funded, how does this system of school funding create debtor schools?

Who are our public schools indebted *to*, anyway?

(Hint: You're not gonna like the answers) @debtcollective.bsky.social
"What would it mean to have truly public schools, down to the very means of resource creation and distribution that fuels them…what will it take to make school as public as possible?" @schooldaves.bsky.social asks in his new book.

Our conversation: www.humanrestorationproject.org/podcasts/aki...
November 8, 2025 at 1:06 PM
Today, Cornell University made a deal with Trump who will grant research funding to Cornell *in exchange* for them carrying out Trump's fascist political agenda.

There's no other way to put it: this is corruption.

And the conservative billionaire behind this plan is Marc Rowan.
November 7, 2025 at 11:50 PM
Reposted by Debt Collective 🟥
Trump and Marc Rowan’s loyalty oath compact is 🗑️!!

Out with billionaires & authoritarians in higher ed!

Our universities belong to the students & higher ed workers!

@aft.org
@higheredlabor.bsky.social
@aaupcu.bsky.social
@debtcollective.bsky.social
@psc-cuny.org
@sunrisemvmt.bsky.social
November 7, 2025 at 5:50 PM
Reposted by Debt Collective 🟥
Standing with our siblings from higher ed institutions to protest billionaire oligarch Marc Rowan, the man behind Trump’s authoritarian “compact” for universities.@fordhamaaup.bsky.social @aaup-penn.bsky.social @solidaritydept.bsky.social
@debtcollective.bsky.social
@sunrisemvmt.bsky.social
November 7, 2025 at 6:04 PM
Happening Now: 100+ people rally outside of Apollo Management Group headquartered in NYC to protest its CEO Marc Rowan, the conservative billionaire behind Trump's Higher Ed compact deal that undermines universities ‼️
November 7, 2025 at 4:50 PM
An allegory for health care in the United States:

Just now—at a press conference in the Oval Office—a Big Pharma exec collapsed.

President Trump, clearly unbothered and annoyed, did nothing.

Some White House officials left the room entirely.

They don't care about you at all.
November 6, 2025 at 8:44 PM
Reposted by Debt Collective 🟥
this great article by @debtcollective.bsky.social lays out really clearly what's been on my mind all day: everybody better get real familiar with municipal finance real quick

www.inthered.org/p/zohran-won...
Zohran Won Main Street—Now He Must Face Wall Street
Mamdani will face a looming threat to his progressive agenda: debt
www.inthered.org
November 5, 2025 at 11:24 PM
Do you have student loan debt?

Have you recently received a “Welcome to Default” letter about your student loans (yes, they’re called that)?

Send it to us. We want to help. You have options they aren’t telling you about.
November 5, 2025 at 9:09 PM
Mamdani pulled together a diverse coalition of voters on a political message of economic populism and affordability.

But it's not just Albany who may stand in Zohran's way—it's also Wall Street.

Some thoughts on Wall Street's grip on municipal finance.
www.inthered.org/p/zohran-won...
Zohran Won Main Street—Now He Must Face Wall Street
Mamdani will face a looming threat to his progressive agenda: debt
www.inthered.org
November 5, 2025 at 4:01 PM
Huge win.
November 5, 2025 at 4:28 AM
Reposted by Debt Collective 🟥
Need a lot more of this. Especially in areas where privatised essential services (energy, water, etc..) are ripping people off. Just stop paying until they are brought into public ownership and profit motive is removed.
It’s the first of the month. That means tenants in Los Angeles have officially been on utility strike for 6 months. They are refusing to pay their RUBS (ratio utility billing system) utility bills while they demand transparency for their high monthly bills.
November 1, 2025 at 7:05 PM