The Occupy Movement Takes on Student Debt
Vauhini Vara,
Sept 23, 2014
Try telling these students that nothing good emerged from the Occupy movement. One spin-off group from Occupy, Rolling Jubilee, purchases student debt owned from loans at Empire College, for about three cents on the dollar. The debt, totalling $4 million, was owed by 2,000 students. The group then announced that these debts had been cancelled. Not all students had their whole debt eliminated, but the initiative is to be applauded. Via Audrey Watters.
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