NEW: The Trump administration is quietly using a proposed settlement to stop student debt relief until 2036. This agreement will essentially hand Missouri a form of veto power over future federal student debt cancellation policy. We wrote about it on our substack, In The Red: inthered.org

All student debt should be canceled. All medical debt should be canceled. All K-12 school lunch debt should be canceled. These are all debts that don't exist in most nations.

What @debtcollective.bsky.social‬ does is amazing. Definitely support them if you can.

We've got merch! You can purchase a "Debt" or "You Are Not A Loan" t-shirt using the code JUBILEE10 and get $10 off. Our merch is union-made, sustainable and designed by formerly incarcerated folks + the proceeds go to our efforts to abolish crushing medical, student and housing debt.

Ending the SAVE Plan — which Trump is trying to do today — will disproportionately hurt Black borrowers who known student loans to be a "trap" and a "scam." wordinblack.com/2025/12/stud...

329 days into this second Trump administration and you still have all the student and medical debt you did before he was elected. He doesn’t care about you or your finances because you aren’t a billionaire—it’s that simple.

oday, the Trump Department of Education announced a proposed settlement that, if approved, would end the SAVE student debt plan—the most affordable student debt repayment plan available to borrowers. Nearly 8M Americans are enrolled in this plan. Some thoughts.

New: The Trump administration has struck a deal with the state of Missouri to end the SAVE Plan — the most affordable plan available to working class borrowers. Much to say here, but tangible advice: do not voluntarily withdraw from the SAVE plan right now. www.washingtonpost.com/education/20...

(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.

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.

Senator Sanders and I agree — it's time to cancel all medical debt.

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.

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.

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...

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...

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...

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."

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

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.

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."

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...

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.

@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.

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

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.

Trump and Marc Rowan’s loyalty oath compact is 🗑️!! Out with billionaires & authoritarians in higher ed! Our universities belong to the students & higher ed workers! @aft.org @higheredlabor.bsky.social @aaupcu.bsky.social @debtcollective.bsky.social @psc-cuny.org @sunrisemvmt.bsky.social

Standing with our siblings from higher ed institutions to protest billionaire oligarch Marc Rowan, the man behind Trump’s authoritarian “compact” for [email protected] @aaup-penn.bsky.social @solidaritydept.bsky.social @debtcollective.bsky.social @sunrisemvmt.bsky.social

Happening Now: 100+ people rally outside of Apollo Management Group headquartered in NYC to protest its CEO Marc Rowan, the conservative billionaire behind Trump's Higher Ed compact deal that undermines universities ‼️

An allegory for health care in the United States: Just now—at a press conference in the Oval Office—a Big Pharma exec collapsed. President Trump, clearly unbothered and annoyed, did nothing. Some White House officials left the room entirely. They don't care about you at all.

this great article by @debtcollective.bsky.social lays out really clearly what's been on my mind all day: everybody better get real familiar with municipal finance real quick www.inthered.org/p/zohran-won...

Do you have student loan debt? Have you recently received a “Welcome to Default” letter about your student loans (yes, they’re called that)? Send it to us. We want to help. You have options they aren’t telling you about.

Mamdani pulled together a diverse coalition of voters on a political message of economic populism and affordability. But it's not just Albany who may stand in Zohran's way—it's also Wall Street. Some thoughts on Wall Street's grip on municipal finance. www.inthered.org/p/zohran-won...

Huge win.

Need a lot more of this. Especially in areas where privatised essential services (energy, water, etc..) are ripping people off. Just stop paying until they are brought into public ownership and profit motive is removed.

It’s the first of the month. That means tenants in Los Angeles have officially been on utility strike for 6 months. They are refusing to pay their RUBS (ratio utility billing system) utility bills while they demand transparency for their high monthly bills.

TOMORROW "First of three sessions on autoreduction or the tactic of collectively setting prices as a means of fighting back against a hostile capitalist system." @debtcollective.bsky.social

Americans are falling behind on their bills at rates not seen in years. Credit card debt quietly crossed the $1 trillion mark in 2023. Buy Now Pay Later services are a rising threat. Nearly 1-in-5 Americans are in crushing medical debt. This is an economic crisis. newrepublic.com/article/2011...

You’ve probably seen headlines that read “Trump administers student loan relief” That’s not exactly true — he’s just following mandated law, and is only doing so because he was embarrassed in court. Here’s an explanation:

Happening Now:

Have you ever gone to pay your rent and there's a $3 fee on top of rent? Or maybe it costs $10 to pay with a credit card? Yeah. So that convenience/junk fee is actually illegal in several states. Landlords do this all the time — but it's often illegal and makes the lease void.

Most people are just one medical emergency away from bankruptcy. That's not a secure economy. Everyone is living on the edge, underpaid by their bosses and overpaying their creditors.

The Virgil Square Tenants Association in Koreatown is 5 months into a RUBS utilities strike against their landlord Equity Residential. @debtcollective.bsky.social shelterforce.org/2025/10/10/l...