Braxton Brewington is the Press Secretary of the Debt Collective. We discuss the origins of the Debt Collective in the Rolling Jubilee and its history in canceling student debt. Their example is a powerful model for canceling student debt, which continues to be important for all Americans in this election cycle and beyond.
Education is a public good, yet the cost of college over the past couple of decades has risen eight times faster than the average wages. The average student debt is $30,000-$35,000. Two thirds of student debt is owed by women, and a large number of student loan borrowers don't have a college degree. This means that they are paying down student debt on non-college degree wages. The Debt Collective started out as the Rolling Jubilee, which canceled tens of millions of dollars of debt and gave instant relief to borrowers. Canceling student debt creates millions of jobs, boosts the economy, and advances racial and gender justice. Although the Biden administration has canceled billions in student debt, it is only making a small dent in over $1.7 trillion worth of student loans.
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Read the transcript here:
https://www.futurehindsight.com/episodes/cancel-student-debt-braxton-brewington
Credits:
Host: Mila Atmos
Guests: Braxton Brewington
Executive Producer: Mila Atmos
Producer: Zack Travis
Financial Confessions: Imani Barbarin
End Gerrymandering with Ballot Initiatives: Katie Fahey
The Asian-American Vote: Sung Yeon Choimorrow
Getting Dark Money Out of Politics: Jeff Clements
Climate Action Within Reach: Amy Westervelt
The Future of Abortion Rights: Andrea Miller
Primary Elections for All: John Opdycke
Patriot and Diplomat: Ambassador Marie Yovanovitch
Radical Common Ground: Nisha Anand
Strategic Racism is a Divide and Conquer Scam: Ian Haney López
The Cure for Cheap Speech: Rick Hasen
State Houses to the Rescue: David Toscano
Country First, Community First: Emily Cherniack
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Equal Rights Amendment: Carol Jenkins
Secretaries of State: Secretary Jocelyn Benson
Ranked Choice Voting: Nathan Lockwood
Citizen to Candidate: Art Chang
Delivering Good Governance: Danielle Allen
History of Black Thought: Chris Lebron
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