They're destroying everything about education except for the debt part. We wrote about some things happening in the student debt landscape — and what it might mean. open.substack.com/pub/debtcoll...

Cannot overstate how much of a disaster it will be for the Department of Education to transfer a two trillion portfolio of student loans to the Treasury Department.

As someone who had a $22k "interest error" suddenly added to my balance last year, I strongly second this. Get all the data about your loans as you can. It took me almost a year to fix the error on my account.

Health care should be free for all of us. We can afford it — so let’s do it.

Sign the petition to call on the Trump administration to put a 1-year pause on federal student loan debt repayment & collection services. Servicing the loans of 45 million student debtors who are struggling to pay rent, afford groceries, and keep up with the rising cost of living is unjust.

Additionally, we are urging every single American with a federal student loan to open a case file with their member of Congress’ constituent services office to request all data in regards to your individual student loan balance and payment history. Now.

For context, the Department of Education functions as the 5th largest bank in the nation—and the largest debt collector. Imagine if Bank of America were to transfer their entire loan portfolio to JP Morgan. The data/privacy concerns here are massive, let alone legality.

Today, we're calling on the Trump administration to implement a one-year pause on federal student loan debt payment and collection services for all federal student debtors after the Trump admin announced plans to shift the student loan portfolio from Education to Treasury.

News: The Department of Education claims it is handing off 11% of its federal student debt portfolio to the Treasury Department. This amounts to $180 billion in student loans.

Housing should not be financialized. Housing should not be financialized. Housing should not be financialized. Housing should not be financialized. Housing should not be financialized. Housing should not be financialized. Housing should not be financialized.

we're burning $1 billion a day on committing ecocide in Iran right now and you can't afford to go to the dentist

£314,000 is no joke (nearly half a million US $) Although it has never been verified, a high ranking Dept of Ed official during Trump's first term was telling people that the largest single account in the US is over $2 million! www.thetimes.com/money/family...

We shouldn't be forced to borrow money to heat our homes. Folks are going into debt for utilities — and worse, many are facing eviction. Meanwhile, AI data centers are driving up the cost of electricity and other utilities. Enough. We need debt cancellation and public utilities.

Ban private equity from buying homes. Easy.

Since Trump’s inauguration, more than 2.7 million credit reporting complaints submitted to the CFPB have gone without relief, leaving some people at risk of being denied loans, housing or employment and subject to higher rates from insurers and lenders. www.propublica.org/article/cred...

New: Lawsuit filed today seeks to order the Trump Department of Education to immediately implement the SAVE affordable student debt plan, allow borrowers to rejoin SAVE and halt collection for those eligible for relief.

Trump *is* doing debt cancellation. It's just not your student or medical debts. In his second term alone, Trump has already canceled $1.5 billion of criminal debt — payments fraudsters owe the federal government and victims. They don't mind debt cancellation—for themselves.

A weaker-than-expected report for February showed a decline of 92,000 jobs, and a rise in the unemployment rate to 4.4 percent. We need a federal jobs guarantee. www.nytimes.com/live/2026/03...

Your boss is stealing from you.

If you’re enrolled in SAVE, we urgently need to hear from you. Fill out our form ASAP so we can reach out with next steps. forms.gle/a5FKoKPmNeRg...

📣✊ This March, @debtcollective.bsky.social is kicking off free virtual Jubilee School Course offerings exploring Higher Ed. Courses are always free & open to public. Sign up now and check out more courses into the spring and summer at https://loom.ly/6CcXukQ

Trump Admin stopped opposing the lawsuit against Biden Admin's major new income-driven repayment plan, which rendered the lawsuit moot before a settlement could be reached. Oops! Now that plan is the law until further notice.

New: A federal court declined to approve a settlement between the Dept of Ed and the State of Missouri. This means that the SAVE plan is immediately and fully effective. We're calling on the DOE to retroactively apply credits to debtors and immediately process cancellation.

Heads up! If you have Parent PLUS loans the GOP is trying to trap you in a higher payments. If you have Parent PLUS loans you should consider consolidating them now to get lower payments & the possibility of cancelation. studentaid.gov/loan-consoli... More info here: www.edcapny.org/resources-fo...

Friday, Feb 27th, the @debtcollective.bsky.social is co-hosting Black Anti-Fascism: Lessons from the Past for the Current Moment & Beyond. #BlackHistoryMonth #BHM2026

Remember last year when the Trump admin said they were considering selling a chunk of the federal student loan portfolio to private actors? They just officially stated that they haven't taken "any final actions or made final decisions regarding selling" the portfolio.

NYT: Maribel, 66, cleans plane cabins at the airport in Charlotte, NC. She earns $16.50/hr, not enough to cover her expenses—about half goes to rent. With a pile of medical bills and no cushion for a financial emergency, “I have to keep working,” she said. www.nytimes.com/2026/02/23/u...

We need tuition-free college. And we need quality union jobs with good pay and benefits that don't require a college degree. And we need a free, universal health care system that isn't tied to you having a job to get quality care in the first place.

Everyone deserves a home. Everyone deserves a meal. Everyone deserves medicine. Everyone deserves education. Everyone deserves dignity, security and equality.

There is no reason that a single person in the United States should have medical debt when there billionaires exist — some who may soon be trillionaires.

New: Housing is shelter—not a financial playground for Wall Street speculators. Tenants must leverage our power in concert. Just as workers can withhold labor to halt production, tenants can withhold rent to challenge corporate landlords. jacobin.com/2026/02/tena...

Imagine if we invested in education, of children and adults, like we do military power, surveillance, and various forms of internal coercion. Imagine if we were enlightened enough to not make education and the cultivation of humanity require crushing debt for students and penury for educators.

Good. Student loans should never be repaid. That money is much better spent going to housing, health care, child care, groceries and saving for retirement. Millions of student loan borrowers aren't repaying their loans — and defaults are up www.npr.org/2026/02/10/n...

When the Student Loan Ombuds for the Consumer Financial Protection Bureau (CFPB) wrote her legally mandated annual report, Trump leadership scrubbed it for being too critical. "I was told by leadership it would not be published and would need to be rewritten."

Here's a crash course syllabus for folks who want to learn more about Puerto Rico's history, sovereignty, infrastructure, resistance, debt crisis and more. puertoricosyllabus.com

Must-read! Heading into a meeting but here’s where the plot thickened for me….

Earlier this year, the Student Loan Ombudsman for the Consumer Financial Protection Bureau (CFPB) wrote her annual report on student loans. It was deeply critical of Trump admin policies. So they fired her. Well, we just hired her.

For the conservatives comparing this to DOGE, this will probably be less like getting rid of the people in charge of weather forecasting and more like saying “let’s not pay McKinsey $2M to tell us to buy trashcans”

ICE is ripping families apart and murdering people in the streets. Meanwhile, Congress is paying ICE by *defunding* our health care and pushing us deeper into debt. Join us—alongside workers, students, debtors and families—on January 30th to say ICE OUT! NATIONWIDE SHUTDOWN.

New: 200,000 former students of predatory, for-profit colleges to receive full student debt cancelation after Department of Education misses key court-mandated midnight deadline, according to settlement agreement.

I’m always gonna ride for @debtcollective.bsky.social because too few people understand how ICE and student loan debt issues and the carceral system are all connected You know why more people dont protest? They’re in debt.

There is no such thing as a "good" or "affordable" student loan plan. All of the loans should be canceled. The federal student debt portfolio is riddled with illegal errors and the interest rises no matter what you pay. It's a debt-trap. Canceling the debt boosts the economy.

They are defunding science, education, and public health to provide billions and billions for ICE.

We don't need body cams for ICE agents. We need to terminate the entire agency.

New: Pordoceo Education Corporation — the financial corporation that runs several shady, predatory for-profit colleges — is behind a "ghost student" scheme. They're knowingly allowing AI students to enroll so they can get federal government cash and boost shareholder value.

Golden and Gluesenkamp Perez voted with Republicans a few years ago to block student debt cancellation too.

Very normal post for a Senator whose state is currently being terrorized.

Just Now: The U.S. Department of Education today announced that it will delay the implementation of involuntary collections on federal student loans, including Administrative Wage Garnishment (AWG) and the Treasury Offset Program (TOP).

New: Secretary Linda McMahon says the Department of Education has decided to "pause" garnishing wages for student loans.