The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
Corinthian Colleges
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18 States, Consumer Groups Sue DeVos Over Delay of Student Loan Protections
The lawsuits accuse the Education Secretary of illegally delaying the regulations aimed at predatory colleges, which would protect federal student loan borrowers defrauded by those schools.
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On Navient Misconduct, Student Debt Activists Stay Silent—For Now
The nation’s largest student loan company, Navient, handles over $300 billion in federal and private loans – though recent details emerged showing the company misled student borrowers while approving subprime loans that defaulted at rates up to 92%.
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Student Debt Protests Escalate After Armed Marshals Arrest Man for Old Loans
Seven U.S. marshals armed with automatic weapons turned up at Paul Aker’s home in Houston, Texas, last week to arrest him over a $1,500 student loan debt dating back to 1987.
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Why We Need Debtors’ Unions, Part III
To build collective power we must work towards understanding Wall Street’s role in mass indebtedness – that is to say, we must politicize the bond market.
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Why We Need Debtors’ Unions, Part II
Debt fuels crises, taking power out of the hands of all but the financial capitalist class – yet it also presents an opportunity for a new form of resistance to capitalist exploitation, as the threat of crisis can serve as leverage for debtors.
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Big Banks Seen As Hidden Culprit In Wave of For-Profit College Closures
An invisible entity strongly influenced the messy unwinding of Corinthian Colleges: Bank of America.
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Student Debt Strikers Reject "Publicity Stunt," Cancel Meeting With Dept. Of Education
Organizers of the student debt strike that helped lead to the closure of Corinthian Colleges say the DoE's proposed rules would place a heavy burden on student debtors contesting fraudulently issued loans.
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Following Student Debt Revolt, For-Profit Corinthian Colleges Closes the Doors
It was “not a school chain but a fraud factory, propped up by the Department of Education and taxpayer money for far too long,” wrote a group of Corinthian students waging a debt strike and refusing to pay their loans.
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Hey Students: Damn The Debt! Lessons and Tactics From Past Debt Resistance Movements
The student debt strike isn't the first time debt resistance movements have taken hold across the U.S. – and the lessons we learn from prior movements can well be applied to today.
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Former Students Launch Debt Strike Against College, Fueling Next Stage in the Movement
On Monday, a group called Debt Collective said former students of the for-profit Corinthian Colleges Inc. will stop paying their loans – signaling an escalation in the nationwide student fight against skyrocketing student debt.
