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I only mentioned them because I was googling for student debt strike projects and I'd heard of them before. The jubilee project is a form of mutual aid and less
by tehjoker 7y ago
I only mentioned them because I was googling for student debt strike projects and I'd heard of them before. The jubilee project is a form of mutual aid and less a strike.
The point of a strike is to build power for the striking class so that the creditor class is forced to make significant concessions up to and including relieving all of it. To be clear, this would mean huge numbers of people simply stop paying in a coordinated and public fashion.
- jrs235 7y agoIf they stop paying government student loans en masse and then hid thier income (get paid and work cash only) all that would happen is our current trillion dollar deficit might increase a little bit. The government budget takes into account payments and interest from these loans. The total amount of all the loans is likely spread across repayments over 20 years.
- tehjoker 7y agoThat's a really great argument for free education, which is an argument the strikers would make. I do think though that you are underestimating the power ordinary people have. If the various funding mechanisms suddenly go into crisis, this will cause a very large ruckus with the potential for positive change.