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There Is Power in a Debtors' Union

Hannah Appel

July 12, 2019 |

Dissent Magazine |

Text |

1500-3000 Words

Response Location: United States

Debtors’ unions can use collective nonpayment of debts to fight against unfair lending practices. Amid the United States’ student loan financial crisis, debtor organizations like the Debt Collective leverage organization and collective action to seek financial justice. Prior to forming the Debt Collective, activists in the group Rolling Jubilee purchased and cancelled student debt portfolios from Corinthian Colleges Inc.

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