Recently, news broke that Rolling Jubilee, a nonprofit organization dedicated to the eradication of debt, purchased $4 million in private student loan debt and forgave all of it, alleviating some 2,000 Americans of that oppressive burden. The group purchased the loans for pennies on the dollar from the notorious for-profit Everest College. And it’s only the beginning – according to Rolling Jubilee’s website, they’ve forgiven more than $18.5 million in debt, much of it medical, on only $701,000 raised. Continue reading
