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Cancel Debts Not People [STENCIL]
From Free!
Elizabeth Warren has thrown her hat in on a bold idea that’s been in the air for a long time: cancel student loan debt.
Not interest rate decreases, or refinancing, or other half-measures, but an all out cancelation of up to $50K in student loan debt for anyone whose income is $100K or less. Combined with universal free public higher education going forward.
I was first introduced to this idea back in the early 2010s the Rolling Jubilee, a project by Strike Debt, which has now evolved into The Debt Collective.
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