With a global pandemic and economic depression looming, we can’t settle for half-measures. Cancel all student debt
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In 2011, when the pain of the 2008 economic crisis was still being acutely felt, grassroots activists began fighting for debt abolition. Since then, we have consistently been told by public officials from both parties that our demands were unrealistic and impractical, but we’ve kept organizing.
Coronavirus has changed the calculus. With a global pandemic and economic depression looming, the case for cancelling debt, especially student debt, has taken on a new urgency. The economy is entering freefall and millions are unable to pay their bills. With a fourth stimulus package on the horizon, now is the time for debtors to get organized and fight for what’s right – full student loan abolition.