This has always been true—but as the Hantavirus outbreak sparks concern—it feels even more true now: We should be canceling everyone's medical debt. Every single dime. We cannot have a system where sick people are afraid of going to the hospital because they're avoiding debt.

You need to know these names: AvalonBay and Equity Residential. If these two billion dollar real estate investment trusts merge, they will be the largest landlord in the United States — and by a large margin. This has massive consequences for tenants. www.bloomberg.com/news/newslet...

The thing is, speaking "plainly" to people is only step 1. Saying "the rent is too high" is true and an accurate assessment of our economy! But then you have to actually support rent control as a nationwide policy. That step 2 part is where many too many Democrats fall short.

You can literally be a scam for-profit college that rips people off with a fake degree and the Department of Education will do nothing. But if you are a legitimate school and admit trans women — you will be investigated.

AI data centers are putting strain on electric grids— forcing your bills to skyrocket. The average electricity bill this summer is projected to rise by nearly 9% to $778. The NYT says to help keep your utility bill low, people should "use fans" to cool down. Can't make this up.

This International Workers' Day, a critical labor analysis requires us to think about debt. Household bills like medical, credit card, rent and student loans help bosses. Debt disciplines workers as docile while debt-free workers have increased leverage. Debt relief is wage increase on the backend.

As a Pitt fan, I'm glad to see him use his platform as Dr. Langdon to speak out. Student debt is crushing people whose only sin was advancing their education. The system is broken—and the Trump admin has made it worse by jacking up loan payments by hundreds of dollars a month.

Right now, about 1 in 5 people in Los Angeles who are filing an answer to their eviction — meaning they are beginning the process of fighting to stay in their home — are doing so because of a free, online legal tool we created. >> Tenant Power Toolkit << tenantpowertoolkit.org

The Trump admin is administering a bumpy transfer of the federal student loan portfolio—from Ed Dept to Treasury. And there are *major* problems happening along the way. For context, in 2015, a 2yr pilot study of student loans held by Treasury yielded a 0.001% success rate.

Doesn't support student debt cancellation for nurses and teachers. Supports tax relief for cops. Folks.

All medical debt should be canceled. Medical debt doesn't even exist in many other countries.

One reason debt cancellation is key—and why political elites work so hard to prevent it—is because it empowers workers. Debt is a promise to depreciate even your *future* wages. $30/hr with medical debt is damn near $15 an hour. $65,000/yr with student debt feels like $30,000.

Next Thursday:

The courts prematurely killed the SAVE student loan plan without evaluating the merits of Missouri v Biden. So our members filed a motion to intervene. What the Dept. of Ed just said in their response is actually pretty mind-boggling. They admit debtor interests don't matter.

We need to unionize—not just as workers, but as debtors and tenants and internet users alike. We need a variety of unions.

The Trump Department of Education wrote a dangerous new regulation that would strip Public Service Loan Forgiveness (PSLF) from people based on their "political ideology." It's a completely naked fascist attempt. But Senate Dems can stop him—it just requires a few more votes.

The problem is not that people are living beyond their means—we're being denied the means the live. Credit card debt for groceries, student loans, medical bills, skyrocketing rent — everything simply costs too much and we're being punished for it. We need an entirely new economy.

Every single junk fee that renters are forced to pay should be banned.

You are in crushing household debt because the money that could go to paying for your salary or your health care or your kids' school is being used on weapons and military industrial complex.

Does your landlord do this thing where you get a utility bill for a portion of the entire building's utility usage instead of a bill for your own personal usage? That's called RUBS (Ratio Utility Billing System) and we think it should be banned everywhere. banrubs.org

The Trump administration is trying to illegally transfer the student loan portfolio to Treasury. There are several problems with this — legally and administratively. So far, Senator Warren is leading the charge on pushing back. Other Dems must follow. www.businessinsider.com/student-loan...

Mamdani vs. the Credit Rating Machine Credit Rating Agencies Ruin Debtors’ Lives — and They’re Coming for a City Near You New piece for our substack 'In The Red' open.substack.com/pub/debtcoll...

The Trump admin is full-on financially destroying student debtors right now without much of a fight from big national Democrats. They're raising payments, transferring a $2 trillion portfolio to an entirely different agency with no oversight, etc Schumer, Jeffries and Dems are silent.

I got this email earlier (including the very agressive multiple Trumpian mentions of "the ILLEGAL SAVE act") and it immediately made me so stressed out everything create and positive flew out of my brain 👍 This thread helped!

If you have federal student debt, you may have recently received an email from the Department of Education telling student debtors who are in the SAVE forbearance to switch plans. We want to encourage you to not rush this next step. Take a deep breath. You have until September.

“Trump and McMahon are on track to create what could be the largest administrative disaster in the history of the existence of student loans,” warned the Debt Collective in a statement. www.forbes.com/sites/adammi...

Millions of people’s monthly student loan bills will go from $12 a month to $842 a month. And that’s not a joke. Why? Trump is trying to force people out of repayment plans and into the most expensive plan. This will be a major drag on the economy and complete disaster.

Trump and McMahon are on track to create what could be the largest administrative disaster in the history of the existence of student loans. apnews.com/article/save...

If anyone gets an email from Federal Student Aid today please DM us. We want to see it.

Love to see @debtcollective.bsky.social work happening on the ground here locally in Portland! Student debt is policy failure. Education should NOT be a financial shackle. It should be free and easily accessible.

Update: The Ninth Circuit just said no. The federal government must discharge $11 billion in student debt to defrauded former students.

A judge just interrupted a DOJ lawyer who claimed that canceling $11 billion in student debt held by defrauded debtors would hurt taxpayers. "When you come out and say it's $11 billion — It's like $11 billion in coupons..."

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...