After decades fighting for debt forgiveness on a global scale, the Jubilee campaign is now pushing for the cancellation of student debt, as well.
By Mark Engler
Organizations that usually demand cancellation of the crippling debts owed by impoverished countries in the global South are now calling for debt forgiveness for a different group of borrowers: U.S. students.
With soaring tuition, poor job prospects, and loans that take decades to pay off, there’s no question that students need a year of jubilee. Yet, the idea that groups accustomed to running international solidarity campaigns have taken up their cause is an unexpected twist.
I’ve always liked the Jubilee debt campaign. For a couple of decades now, it has been an impressive and truly international drive, with strong leadership from the global South. In this country, the Jubilee USA Network has done a great job doing interfaith organizing and bringing in non-religious allies as well. Also, importantly, the campaign has been winning.
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