Student loan borrowers refusing to pay their debt


They are hoping taxpayers will in the end cover it. It must also be noted that those who have student debt tend to be higher earners than the general population.

(From CNBC)

Fabares has now joined the Biden Jubilee 100, a group of 100 student loan borrowers who have stopped paying their debt. The Debt Collective, which calls itself “a union for debtors,” has organized the strike, hoping to pressure President Joe Biden to cancel the country’s entire outstanding student loan balance of $1.7 trillion.

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