It all started when 15 people went on a debt strike. Back in 2015, former students at Corinthian College said they were going to refuse to pay until all of their fraudulent student loans were cancelled. That kicked off a long process full of twists and turns spanning three administrations and several court cases.
This week, as a direct result of that debt strike, the Department of Education announced it was going to cancel another $1 billion dollars for 72,000 people, mostly Corinthian and ITT Tech students. Organizing works. This is just the beginning, and we can’t stop now. If we keep fighting together, we can cancel all student loan debt. We’re going to take the energy from this win to kick off our big week of actions.
Let’s celebrate our victories as we continue to fight for justice. Join us 4 p.m. ET / 3 p.m. CT / 2 p.m. MT / 1 p.m. PT Sunday, March 28 to celebrate and to kick off our week of action to fight for full cancellation and College for All.
We will be joined by several of the original Corinthian 15 debt strikers. We’ll hear from some people who recently won full debt cancellation, as well as those who are still fighting for justice. And we’ll get excited for full cancellation and our upcoming week of action.
What this means
If you applied for borrower defense repayment and got a partial discharge: 72,000 people who have previously gotten their borrower defense to repayment applications approved, but were only granted partial discharges will now be given 100% discharges. If you have previously gotten a partial discharge you should be contacted by FSA soon. When you get this email from FSA, record a video of yourself opening it and reading it and send it to us. Also get in touch with @Braxton (braxton@debtcollective.org), some journalists have asked to speak to people who are included in this latest wave of cancellation and Braxton can put you in touch.
If you had your borrower defense application denied: Record a video about what this denial has meant for you and send it to us. The Department of Education has not yet said what they plan to do about these improper denials. We will keep fighting for justice.
If you didn’t apply for borrower defense, want to learn more about it and hear how we’ll win full cancellation for everyone: join our celebration call and take action! RSVP Here for our call and check out our events calendar here for our week of action!