Activist Group Wants To Buy Student Debt - And Forgive It
So easy to get, so hard to pay off.
With the national average for student debt hovering around $23,000, a group of activists is purchasing student debt from collectors and simply "forgiving it." The group, known as Rolling Jubilee, call their movement "a bailout of the people by the people."
On The Story, host Dick Gordon speaks with Rolling Jubilee member Christopher Cassucio, who owes more than $100,000 in student loan debt.
Hear this conversation at The Story's site. Also in this show: the library at Zucotti Park, and a font that is more readable for people with dyslexia.