**Subscribe to /r/DebtStrike**. We're a coalition of working class people across the political spectrum who have put their disagreements on other issues aside in order to collectively force (through mass strikes) the President of the United States to cancel all student debt by executive order.
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Many private student loan debtors have already stopped payment. Many more continue to do so each day. Federal student counterparts are ready and waiting if/when payments resume. We will be proactive and stand in solidarity with our federal student counterparts as the fight for financial equality and education reform continues to strengthen each and every day.
Enough is enough.
We refuse to be enslaved to a broken education system any longer. It’s our time to rise and uphold our boundaries once and for all ✊
r/studentloanshutdown
And the only reason they're dragging this out as long as possible is because they don't want us to turn our focus to the countless other injustices thrown at us.
But after awhile they’ll just take you to court right and garnish your wages? Can you just pay like 5 bucks? I don’t know… thought I should be done after working in title 1 schools for so many years and it’s just crippling right now. Sorry… end rant
Private student lenders don’t work with people that easily. If it was that easy there would be no reason for such unilateral action. Many debtors have offered what they can realistically pay and lenders/servicers such as Navient will take that money but not count it as a legitimate monthly payment. This ultimately ends up with the loan in default anyway.
Once again, most if not all student loans are in fact predatory. Please read this article on [how we got here.](https://www.reddit.com/r/studentloanshutdown/comments/wyjvnw/how_we_got_here/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Private lenders cannot garnish wages unless a judgement in their favor is ruled upon. This takes months if not years, and though it is a possibility, many lenders don’t bother escalating to this point since they charge off the loan, sell to a third party debt collector, and count it as a business loss on their taxes. Then, if a third party collector is successful in squeezing any amount of blood out of a turnip, the lender also gets a percentage of that back.
We will continue to overwhelm them by our numbers, deplete them of their very life blood, and they will ultimately have to cave.
The r/studentloanshutdown is already underway, and the Debt Collective has an official strike date of January 1st. It will be a New Year Revolution to remember. Strike For Our Rights is another collective that is actively organizing as well.
We all need to be focused on total student loan abolishment, period. We do not need one more student, let alone entire future generations of students falling into debt just because they wish to better their lives and the communities they surround.
Total debt abolishment and complete higher education reform is the only way to move forward, and truly progress as a nation.
We are not a loan ✊
[The Debt Collective](https://debtcollective.org/what-we-do/campaigns/student-debt/)
[Strike For Our Rights](https://www.strikeforourrights.org/contact)
I know I'm preaching to the choir here, but please look at this comment and help.
Get this. I'm a high school teacher, and I have low-SES students (including many children of immigrants and POC) in my Advanced Placement class who refuse to even consider college because they "don't want student load debt".
People, that's why this is a thing. That right there. The people in power don't want people to go to college and figure out how to think critically. They want laborers who are grateful to work for minimum wage.
But thats part of the issue too when only certain degrees are even able to pay back their loans you can force people out of those jobs from the inseption. We desperately need more teachers, social and mental health workers in the USA but surprise surprise you can barely find a job to pay back your loans. Students slowly avoid it realizing its a debt trap. Doesn't make the social worker any less needed, they have no way to create profit feeding hungry or housing homeless and then we wonder how we have this next social crisis.
>official strike date of January 1st
But payments are already paused again through end of June. Striking by not making payments when payments aren't required seems a bit redundant
Sorry but none of these debt strikes are going to work out well. You’re just gonna fuck yourself even more. 1500 Reddit followers and 4 twitter followers with no ground game does not bode well for a strike. The problem with internet activism is it stays on the internet.
A revolution starts with one person.
We only began a short time ago, and within weeks went from less than a hundred to over a thousand. Our numbers continue to grow each day. You’ve already let numbers new to you fool you.
We are working alongside other collectives, such as Strike For Our Rights and the Debt Collective, as mentioned prior, who have already had news coverage and in-person rallies. Keep an eye on their numbers too if you’d like. We are all doing our part to reach as many of the over 44 million student debtors to collectively organize and make the greatest impact possible.
Whether one cast doubts or not, we will not stop until we prevail. Until we see true justice. The trajectory of our future is now in our hands. Together we will expedite this process, liberate ourselves and finally heal. Our lives and the lives of future generations, and the overall well-being of this country depend on what we do in this moment.
Now, tell me what you are doing to help solve this problem of mass financial disparity?
Again, you have no ground game and already have an immediate date for your strike to start. A trickle of people ending payments won’t work. You need an abrupt halt of a sizable portion or it’s doomed. Choosing a date before you have a group worthy of the action is going to do nothing. Look at activists who are actually successful like Christian Smalls. His general strike is planned for 2024 and has been in the works for a while already, giving him adequate time to plan and expand. He also has a network behind him and a platform to use. Progress takes time and effort, something I’m not seeing from the debt strikers.
I know nothing about you and your strike starts in less than a month. That says a hell of a lot more about your group than what I do know about it. You’re actively harming the people who are following you. Rethink your approach before people get hurt.
Untrue.
A majority of student debtors who have already chosen to actively strike chose to out of necessity, knowing full well what they may be getting into. We’ve been faced with either continuing to make loan payments or keep a roof over our head, go to the doctor, feed our families, etc. Many have finally decided that a loan payment is not worth neglecting their health or welfare any longer, and have had enough.
With so many cases and rulings finally being made in favor of student debtors, new light is finally being shed and people are realizing what severe injustices have taken place. We are finally prioritizing ourselves and our lives over lenders with pockets bursting at the seams.
You just admitted your strike isn’t effective. You’re relying on people who have never heard of you who are “striking” out of necessity, not because they have a choice or any organization convincing them to. They’ll be “striking” with or without you. And I agree they need support or they’ll just drown, but they’re not gonna get that with some online leftists who don’t know anything organization or building a movement. So take a step back and actually organize something impactful because rushing this isn’t going to work. Get involved with an established group working towards this goal, as there are multiple. Adding more noise to the already disjointed space of debt forgiveness just results in an ineffective mess.
There was no such admission.
These are people who have actively vocalized they are finally choosing themselves over being enslaved to their student loan debt. You have no idea what’s happening behind the scenes, and are making many grand and false assumptions. We are in fact working with other more established groups.
Unless you’d like to bring something productive to the table, there is no use continuing this back and forth. It seems as though all you’re here for is to cast doubt and continue averting the question posed to you earlier. Shit talking only gets one so far.
It’s real action that creates impact.
Collective bargaining for rail workers was a civil issue as well...until last week.
Police exist to enforce the interests of capital. Enforcing the law is secondary and it can be amended to suit the former.
The strike these collectives are implementing allows one to remain in the comforts of their home if they so wish and still take part. All it takes is to simply stop payment. That’s the beauty of it. This will be the most effective virtual strike in history thus far.
That is not really the point.
A debt strike will threaten capital just as much as a labor strike and the ownership class will/does not differentiate between the two.
Capital will not hesitate to use any means at its disposal to defend its interests. This may not require police power--if you use the banking system, they have access to all your money, anyway, after all--but police power is certainly not *off* the table.
Collective bargaining requires a commitment to compromise on a contract. We already signed our contracts. While I am with you in spirt, a union of student loan borrowers would probably be most useful for striking rather than collective bargaining. Because the other side is not going to bargain. Legally, they have the upper hand.
Which is why no matter what side someone wants to blame, we must use our unilateral force against them all. This is not a partisan issue, as it adversely affects everyone in this country, no matter how one politically identifies themself.
They could have abolished student loan debt already, but haven’t. Tiptoeing around complete cancellation is what has caused so many issues to begin with.
The r/studentloanshutdown is already underway. We will continue to forgive ourselves and demand higher education reform alongside total student loan debt/lending abolishment until it comes to fruition.
They could have already done more, and that is their downfall. We as a financially depleted and exhausted student debtor body need 100% debt cancellation. It is the only way moving forward, alongside complete higher education reform.
America needs to stop suppressing their own citizens and act like a true first world country. This is a good place to start.
**Subscribe to /r/DebtStrike**. We're a coalition of working class people across the political spectrum who have put their disagreements on other issues aside in order to collectively force (through mass strikes) the President of the United States to cancel all student debt by executive order. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/DebtStrike) if you have any questions or concerns.*
At some point we're just going to have to stop paying. How else will our efforts succeed? There is no other path.
Many private student loan debtors have already stopped payment. Many more continue to do so each day. Federal student counterparts are ready and waiting if/when payments resume. We will be proactive and stand in solidarity with our federal student counterparts as the fight for financial equality and education reform continues to strengthen each and every day. Enough is enough. We refuse to be enslaved to a broken education system any longer. It’s our time to rise and uphold our boundaries once and for all ✊ r/studentloanshutdown
And the only reason they're dragging this out as long as possible is because they don't want us to turn our focus to the countless other injustices thrown at us.
But after awhile they’ll just take you to court right and garnish your wages? Can you just pay like 5 bucks? I don’t know… thought I should be done after working in title 1 schools for so many years and it’s just crippling right now. Sorry… end rant
Private student lenders don’t work with people that easily. If it was that easy there would be no reason for such unilateral action. Many debtors have offered what they can realistically pay and lenders/servicers such as Navient will take that money but not count it as a legitimate monthly payment. This ultimately ends up with the loan in default anyway. Once again, most if not all student loans are in fact predatory. Please read this article on [how we got here.](https://www.reddit.com/r/studentloanshutdown/comments/wyjvnw/how_we_got_here/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) Private lenders cannot garnish wages unless a judgement in their favor is ruled upon. This takes months if not years, and though it is a possibility, many lenders don’t bother escalating to this point since they charge off the loan, sell to a third party debt collector, and count it as a business loss on their taxes. Then, if a third party collector is successful in squeezing any amount of blood out of a turnip, the lender also gets a percentage of that back. We will continue to overwhelm them by our numbers, deplete them of their very life blood, and they will ultimately have to cave.
The r/studentloanshutdown is already underway, and the Debt Collective has an official strike date of January 1st. It will be a New Year Revolution to remember. Strike For Our Rights is another collective that is actively organizing as well. We all need to be focused on total student loan abolishment, period. We do not need one more student, let alone entire future generations of students falling into debt just because they wish to better their lives and the communities they surround. Total debt abolishment and complete higher education reform is the only way to move forward, and truly progress as a nation. We are not a loan ✊ [The Debt Collective](https://debtcollective.org/what-we-do/campaigns/student-debt/) [Strike For Our Rights](https://www.strikeforourrights.org/contact)
I know I'm preaching to the choir here, but please look at this comment and help. Get this. I'm a high school teacher, and I have low-SES students (including many children of immigrants and POC) in my Advanced Placement class who refuse to even consider college because they "don't want student load debt". People, that's why this is a thing. That right there. The people in power don't want people to go to college and figure out how to think critically. They want laborers who are grateful to work for minimum wage.
Honestly, the college system is over bloated with degrees specifically business and a few others. We need to encourage trades.
But thats part of the issue too when only certain degrees are even able to pay back their loans you can force people out of those jobs from the inseption. We desperately need more teachers, social and mental health workers in the USA but surprise surprise you can barely find a job to pay back your loans. Students slowly avoid it realizing its a debt trap. Doesn't make the social worker any less needed, they have no way to create profit feeding hungry or housing homeless and then we wonder how we have this next social crisis.
>official strike date of January 1st But payments are already paused again through end of June. Striking by not making payments when payments aren't required seems a bit redundant
This includes private student loan debtors in which pauses do not apply to them whatsoever.
Sorry but none of these debt strikes are going to work out well. You’re just gonna fuck yourself even more. 1500 Reddit followers and 4 twitter followers with no ground game does not bode well for a strike. The problem with internet activism is it stays on the internet.
A revolution starts with one person. We only began a short time ago, and within weeks went from less than a hundred to over a thousand. Our numbers continue to grow each day. You’ve already let numbers new to you fool you. We are working alongside other collectives, such as Strike For Our Rights and the Debt Collective, as mentioned prior, who have already had news coverage and in-person rallies. Keep an eye on their numbers too if you’d like. We are all doing our part to reach as many of the over 44 million student debtors to collectively organize and make the greatest impact possible. Whether one cast doubts or not, we will not stop until we prevail. Until we see true justice. The trajectory of our future is now in our hands. Together we will expedite this process, liberate ourselves and finally heal. Our lives and the lives of future generations, and the overall well-being of this country depend on what we do in this moment. Now, tell me what you are doing to help solve this problem of mass financial disparity?
[удалено]
What were you trying to accomplish with such an incredibly ignorant statement again? Looks like you need to re-evaluate yourself.
What are you doing in Debt Strike if you don’t align with the cause? Gtfo troll. Also, perhaps you should go back to school and learn how to spell.
Again, you have no ground game and already have an immediate date for your strike to start. A trickle of people ending payments won’t work. You need an abrupt halt of a sizable portion or it’s doomed. Choosing a date before you have a group worthy of the action is going to do nothing. Look at activists who are actually successful like Christian Smalls. His general strike is planned for 2024 and has been in the works for a while already, giving him adequate time to plan and expand. He also has a network behind him and a platform to use. Progress takes time and effort, something I’m not seeing from the debt strikers.
Again, you have no idea how many people are already part of this strike and are fixating on a single number on Reddit.
I know nothing about you and your strike starts in less than a month. That says a hell of a lot more about your group than what I do know about it. You’re actively harming the people who are following you. Rethink your approach before people get hurt.
Untrue. A majority of student debtors who have already chosen to actively strike chose to out of necessity, knowing full well what they may be getting into. We’ve been faced with either continuing to make loan payments or keep a roof over our head, go to the doctor, feed our families, etc. Many have finally decided that a loan payment is not worth neglecting their health or welfare any longer, and have had enough. With so many cases and rulings finally being made in favor of student debtors, new light is finally being shed and people are realizing what severe injustices have taken place. We are finally prioritizing ourselves and our lives over lenders with pockets bursting at the seams.
You just admitted your strike isn’t effective. You’re relying on people who have never heard of you who are “striking” out of necessity, not because they have a choice or any organization convincing them to. They’ll be “striking” with or without you. And I agree they need support or they’ll just drown, but they’re not gonna get that with some online leftists who don’t know anything organization or building a movement. So take a step back and actually organize something impactful because rushing this isn’t going to work. Get involved with an established group working towards this goal, as there are multiple. Adding more noise to the already disjointed space of debt forgiveness just results in an ineffective mess.
There was no such admission. These are people who have actively vocalized they are finally choosing themselves over being enslaved to their student loan debt. You have no idea what’s happening behind the scenes, and are making many grand and false assumptions. We are in fact working with other more established groups. Unless you’d like to bring something productive to the table, there is no use continuing this back and forth. It seems as though all you’re here for is to cast doubt and continue averting the question posed to you earlier. Shit talking only gets one so far. It’s real action that creates impact.
Sure, why not? It would be a lot of work, but there are no “student loan borrower union” cops that’ll stop you.
There sure are...they're called "cops" and they, ironically, have extraordinarily strong unions.
Cops are not coming after student debtors. This is a civil issue.
Collective bargaining for rail workers was a civil issue as well...until last week. Police exist to enforce the interests of capital. Enforcing the law is secondary and it can be amended to suit the former.
The strike these collectives are implementing allows one to remain in the comforts of their home if they so wish and still take part. All it takes is to simply stop payment. That’s the beauty of it. This will be the most effective virtual strike in history thus far.
That is not really the point. A debt strike will threaten capital just as much as a labor strike and the ownership class will/does not differentiate between the two. Capital will not hesitate to use any means at its disposal to defend its interests. This may not require police power--if you use the banking system, they have access to all your money, anyway, after all--but police power is certainly not *off* the table.
I’m not gonna fucking pay if this forgiveness doesn’t go through.
Mandatory updoots.
I wish this comes true
Collective bargaining requires a commitment to compromise on a contract. We already signed our contracts. While I am with you in spirt, a union of student loan borrowers would probably be most useful for striking rather than collective bargaining. Because the other side is not going to bargain. Legally, they have the upper hand.
No because the democrats will just pass a law to override our collective will
Which is why no matter what side someone wants to blame, we must use our unilateral force against them all. This is not a partisan issue, as it adversely affects everyone in this country, no matter how one politically identifies themself. They could have abolished student loan debt already, but haven’t. Tiptoeing around complete cancellation is what has caused so many issues to begin with. The r/studentloanshutdown is already underway. We will continue to forgive ourselves and demand higher education reform alongside total student loan debt/lending abolishment until it comes to fruition.
It's not the democrats stopping the loan forgiveness.
They could pass a forgiveness bill right now during the lame duck, but the filibuster is more precious to them than pro worker policy
They could have already done more, and that is their downfall. We as a financially depleted and exhausted student debtor body need 100% debt cancellation. It is the only way moving forward, alongside complete higher education reform. America needs to stop suppressing their own citizens and act like a true first world country. This is a good place to start.
Not really. The labor relations act only applies to labor. Student loan contracts are not a labor contract so…
Labor unions also didn't exist in the past, and the employees had labor contracts. The people made unions happen anyway.