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: [email protected]
Reposted by Debt Collective 🟥
(and incidentally I say this a lot but if you’re looking for a way to organize around a university issue, starting with an independent/collaborative budget audit is always a good place, as the @debtcollective.bsky.social has shown for institutional debt)
December 7, 2025 at 12:21 PM
(and incidentally I say this a lot but if you’re looking for a way to organize around a university issue, starting with an independent/collaborative budget audit is always a good place, as the @debtcollective.bsky.social has shown for institutional debt)
This inaccurate framing has taken hold. Biden didn't act "without congress." Congress specifically *passed a law* authorizing student loan cancellation.
What SCOTUS did was use an unconstitutional made up "Major Questions Doctrine" to say that the laws Congress passes don't count.
What SCOTUS did was use an unconstitutional made up "Major Questions Doctrine" to say that the laws Congress passes don't count.
December 6, 2025 at 7:25 PM
This inaccurate framing has taken hold. Biden didn't act "without congress." Congress specifically *passed a law* authorizing student loan cancellation.
What SCOTUS did was use an unconstitutional made up "Major Questions Doctrine" to say that the laws Congress passes don't count.
What SCOTUS did was use an unconstitutional made up "Major Questions Doctrine" to say that the laws Congress passes don't count.
This entire country is being scammed — we can afford health care. You reason you don't have the health care you need because someone is making profit. That's it.
December 6, 2025 at 5:05 PM
This entire country is being scammed — we can afford health care. You reason you don't have the health care you need because someone is making profit. That's it.
We are not going to Klarna our way out of a broken financial model of housing. The real estate industry cannot keep growing while we are pushed out of shelter.
U.S. foreclosures surge 20% as more homeowners fall behind on mortgage payments, per ATTOM.
The U.S. now has a record $13.1 trillion in mortgages and $1.2 trillion in credit card debt. Total credit card debt is up 50% since 2020.
A wave of foreclosures and evictions is approaching.
The U.S. now has a record $13.1 trillion in mortgages and $1.2 trillion in credit card debt. Total credit card debt is up 50% since 2020.
A wave of foreclosures and evictions is approaching.
December 5, 2025 at 2:06 PM
We are not going to Klarna our way out of a broken financial model of housing. The real estate industry cannot keep growing while we are pushed out of shelter.
Reposted by Debt Collective 🟥
Senator Sanders and I agree — it's time to cancel all medical debt.
December 4, 2025 at 11:07 PM
Senator Sanders and I agree — it's time to cancel all medical debt.
Reposted by Debt Collective 🟥
read this whole thread about a very cool debt strike happening in my beloved Los Angeles, California
Today, as household utility debt rises around the country, the Debt Collective’s first utility-bill strike enters its seventh month of withholding costly, opaque utility payments to the fifth largest corporate landlord in the nation — Equity Residential.
December 1, 2025 at 7:17 PM
read this whole thread about a very cool debt strike happening in my beloved Los Angeles, California
Today, as household utility debt rises around the country, the Debt Collective’s first utility-bill strike enters its seventh month of withholding costly, opaque utility payments to the fifth largest corporate landlord in the nation — Equity Residential.
December 1, 2025 at 7:16 PM
Today, as household utility debt rises around the country, the Debt Collective’s first utility-bill strike enters its seventh month of withholding costly, opaque utility payments to the fifth largest corporate landlord in the nation — Equity Residential.
Surprise surprise.
POLITICO's newest affordability survey shows adults can't keep up with groceries, housing, health care, utility bills and debt repayments.
AI data centers, giant corporate landlords and a profit driven health care system are fucking us.
POLITICO's newest affordability survey shows adults can't keep up with groceries, housing, health care, utility bills and debt repayments.
AI data centers, giant corporate landlords and a profit driven health care system are fucking us.
December 1, 2025 at 6:17 PM
Surprise surprise.
POLITICO's newest affordability survey shows adults can't keep up with groceries, housing, health care, utility bills and debt repayments.
AI data centers, giant corporate landlords and a profit driven health care system are fucking us.
POLITICO's newest affordability survey shows adults can't keep up with groceries, housing, health care, utility bills and debt repayments.
AI data centers, giant corporate landlords and a profit driven health care system are fucking us.
Electricity is the new price of eggs.
Voters need your political position on the price of electricity and utility bills.
A real solution? Publicly-owned utilities.
www.nytimes.com/2025/11/30/u...
Voters need your political position on the price of electricity and utility bills.
A real solution? Publicly-owned utilities.
www.nytimes.com/2025/11/30/u...
‘The New Price of Eggs.’ The Political Shocks of Data Centers and Electric Bills
www.nytimes.com
December 1, 2025 at 3:54 AM
Electricity is the new price of eggs.
Voters need your political position on the price of electricity and utility bills.
A real solution? Publicly-owned utilities.
www.nytimes.com/2025/11/30/u...
Voters need your political position on the price of electricity and utility bills.
A real solution? Publicly-owned utilities.
www.nytimes.com/2025/11/30/u...
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...
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
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...
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...
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...
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
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...
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...
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
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.
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."
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
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."
Trump: "Yeah, I would. I really would. Especially after the meeting. We agree on a lot more than I would have thought."
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
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 $$.
We're about to become REALLY "great"...
shorturl.fm/xs7gY
As ALWAYS, this is about $$.
We're about to become REALLY "great"...
shorturl.fm/xs7gY
November 21, 2025 at 11:32 AM
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
b) the illustration’s especially stark when those structural factors change overnight
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
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.
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
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.
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."
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
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."
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."
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...
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
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...
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...
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
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.
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
@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.
A 50-mortgage already exist. It's called student loans.
November 8, 2025 at 11:01 PM
A 50-mortgage already exist. It's called student loans.
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
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...
Our conversation: www.humanrestorationproject.org/podcasts/aki...
November 8, 2025 at 1:06 PM
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
Who are our public schools indebted *to*, anyway?
(Hint: You're not gonna like the answers) @debtcollective.bsky.social
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.
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
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.
There's no other way to put it: this is corruption.
And the conservative billionaire behind this plan is Marc Rowan.