A new tool from the Debt Collective helps people apply to the Department of Education to cancel the borrower’s debt.
We, at the Minnesota Attorney General’s Office, opened up an investigation into some companies that are purporting to help students do debt relief. … But if they tell you that they can forgive your loan or cancel your loan, you know, they probably cannot. Really only that’s something the federal government can do. Know that if it’s too good to be true, it probably is.
And, you know, an incredible amount of suffering is about to commence. I mean, one thing we’re hearing from people who are filling out our new student debt release tool is that they’re going to have to make impossible decisions between paying their student loans and paying their rent or paying their medical or dental bills. We are hearing from people who are considering suicide.
And the fix is obvious. We need robust public investment in education, to make education a democratic right. This isn’t a fanciful idea. You know, a few generations ago, public university was free, or close to it, for people who attended. And so, the SAVE program, you know, might work — it might be a beneficial program for some people to enroll in. It is increasing monthly payments for other people. But that’s beside the point.
. You write about student debt, the climate crisis, even 9/11, the anniversary this week. You write, “How we understand and respond to insecurity is one of the most urgent questions of our moment, for nothing less than the future security of our species hangs in the balance.” Talk about how you put this all together, and people’s feelings of insecurity, even as the Biden administration touts a strong economy, and what you think needs to happen, what the Debt Collective is recommending.
And I think that looking at insecurity, recognizing just how widespread it is can help us actually have empathy for each other and build powerful coalitions. I hope we can turn that insecurity into solidarity, so that we can fight for the just and sustainable and collective forms of security that we really need.
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