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...
Debt Collective Jubilee School Courses Debt Collective Jubilee School Course Offerings - Always free and open to the public. Upcoming Courses
College for All Jubilee School: Kickoff (virtual) Mar 5, 2026 5:00 pm - 6:30 pm EST In the United States, higher education has been careening toward collapse as a result of state and federal disinvestment, institutional segregation, the erosion of academic labor, plutocratic governance, and the explosion of for-profit higher education that cynically leverages Americans’ lack of time and opportunity. As a result, public support for colleges and universities is eroding.
College for All Jubilee School: The Making of the Student Debt Crisis (virtual) Mar 12, 2026 5:00 pm - 6:30 pm EDT Speaker: Astra Taylor In this session, Debt Collective co-founder Astra Taylor will unpack the roots of the current crisis, discuss current threats to our movement, and talk about the Debt Collective’s Right to Learn work to explore how we arrived at this current moment and define the work ahead. This session is a part of the larger Jubilee School... Part of our Rethinking and Reinventing Higher Education Series
College for All Jubilee School: Tuition Pricing & Antitrust Law (virtual) Mar 26, 2026 5:00 pm - 6:30 pm EDT Speaker: Doha Mekki Join guest speaker Doha Mekki, formerly the Principal Deputy Assistant Attorney General in the DOJ’s antitrust division, to learn how corporate consolidation in education drives up tuition and how antitrust enforcement can help protect affordability. Doha Mekki is a Senior Fellow at the University of California Berkeley Law School’s Center for Consumer Law & Economic
📣✊ 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.
We're fielding a ton of questions about SAVE.
Join us TONIGHT for a rapid response call.
We will explain this development and discuss next steps for debtors and for the movement to get it all canceled.
debtcollective.org/event/rapid-...
The Department of Education paused deeply unpopular forced collections on defaulted debtors earlier this year amid record rates of default on federal student loans. They know we're struggling. So put your money where their mouth is and cancel student debt Trump.
During last week’s State of the Union address, Trump claimed that America is “bigger, better, richer, and stronger than ever before” — and yet, the policies he’s championed have led to skyrocketing healthcare premiums and utilities, and corporate price gouging.
Since this agreement was not improved, this moratorium will not go into effect — meaning that Trump still has the legal authority to cancel everyone’s federal student debt.
He should do it immediately.
But we don’t want federal student debt to be affordable — we want it to be canceled. In addition to ending SAVE, the settlement agreement also included a clause mandating a 10-year moratorium on federal student debt cancellation. What does this mean?
If Trump truly cares about affordability for working people, protecting SAVE and crediting borrowers for their payments toward IDR and PSLF is the bare minimum he can do to make student loan repayment more affordable for debtors.
If you'll recall, the SAVE plan significantly lowered monthly payments for millions of federal student debtors and shortened some borrowers’ timeline for cancellation from 20-25 years down to 10.
Last Friday, a federal court declined to approve this settlement agreement — putting SAVE back on the table for student debtors, effective immediately.
In December, Billionaire Education Secretary Linda McMahon struck a backroom deal with Missouri’s right-wing Attorneys General to end the SAVE student loan repayment plan, stripping student debtors of their most affordable repayment option.
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.
All of our expenses are too high. Rent, health care, student loans, utilities, childcare and other expenses.
The cost of everything is rising but our pay isn't. Our household debt balances are growing but our salaries are not.
This can't last. We need a complete economic shift.
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….
If you can, chip in $5 so we can keep hiring “disgruntled” experts like Barnard.
We need all the inside information we can get to help us fight back against these fascist assholes.
debtcollective.org/donate
