Debt Collective 🟥 @debtcollective.bsky.social · 01/10/2026They don't understand capitalized interest — where the interest gets added to the principal and you pay interest on the interest. They don't understand your balance balloons after you default. They don't understand the interest rate being at 13%. They don't understand how student loans work. 1402
Debt Collective 🟥 @debtcollective.bsky.social · 01/10/2026These responses are quite common because folks truly just don't understand the student debt crisis — which is part of the reason the movement needs stronger champions. They don't understand how much debt you have to take on to be a physician, lawyer or even teacher. 3469
Debt Collective 🟥 @debtcollective.bsky.social · 01/10/2026$429,000. $367,000. $501,933. We should not have a system in which Americans cannot decipher whether these numbers represent the price of a home or a student loan balance. 14617
Debt Collective 🟥 @debtcollective.bsky.social · 30/09/2026What happened at Cornell was not an anomaly — those boys just got caught. When we talk about College For All, it can't just be about free tuition. We need an end to rape culture and the universities that allow it to persist. 0449
Debt Collective 🟥 @debtcollective.bsky.social · 30/09/2026Is it possible that when someone enrolls in a new plan on Tuesday, the system doesn't understand that decision on Wednesday? Probably. Maybe? Nobody knows. The entire process is confusing. Agents on the phone can't answer questions. The entire system doesn't speak to itself. 0182
Debt Collective 🟥 @debtcollective.bsky.social · 30/09/2026One of our members picked a new student debt plan to join yesterday, according to their deadline. Today, they got a notification saying they’ll be put into a “new repayment plan.” Is the “new” plan the same plan as yesterday? Or is the “new” plan a NEW new plan? Nobody knows. 2256
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026A day later, the information has changed. Now you're stuck. You cannot get back onto SAVE. And the federal government has you enrolled in autopay and — oops, maybe they take out too much money next month, sorry! This is a disaster. Everything is broken. www.ed.gov/about/news/p... 0225
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026Say you don't have to leave the SAVE plan by December 31. You essentially have three more months of non-payment. But then you see your *Attorney's General* tweet accurate information. So you leave the plan and start making payments months early. 1144
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026Will they extend it again? We don't know. Will they honor the 1% interest rate reduction? We don't know. Was this a ploy to get people out of SAVE and onto other repayment plans? You should decide. But what is clear is student debtors cannot actually expect clear information. 1133
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026What this means is student debtors who could have stayed on the SAVE plan and been in a forbearance — with no payment due — were tricked into leave the SAVE plan *earlier than they needed to* in order to get a lower interest rate. But now that deadline is December 31st. 1133
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026The Department of Education has been incentivizing people to switch out of the SAVE plan and onto a more expensive plan. They said they would reduce your interest rate by 1% if you enroll in autopay by Sep 30th. But they just extended the deadline to Dec 31. This was a trick. 13421
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026Some useful context @marisakabas.bsky.social Flubbing the facts is the MO M.O. bsky.app/profile/debt... 0415
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026Here is our full report about how the Missouri AG office flubbed the basic facts the lawsuit that killed student debt cancellation was built on: rooseveltinstitute.org/wp-content/u...rooseveltinstitute.org 0143
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026prospect.org/2023/05/03/2...prospect.orgFake Plaintiff, Fake Harm, Fake Case - The American ProspectThe Supreme Court is poised to unwind a fair number of legal principles to make sure student debtors don’t get a break. 1123
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026newrepublic.com/article/1723...newrepublic.comThe Lie at the Heart of the States’ Case Against Student Debt ReliefA new investigation has found that the numbers submitted by the plaintiffs simply don’t add up. 194
Debt Collective 🟥 @debtcollective.bsky.social · 29/09/2026When Schmitt was Missouri's AG he brought a lawsuit to stop student debt cancellation. The basic facts that lawsuit was based on were false. Getting the facts wrong is Schmitt's special skill, but when SCOTUS is politically motivated to do something the facts & law don't matter. 16828
Debt Collective 🟥 @debtcollective.bsky.social · 28/09/2026Hundreds of thousands, if not millions, of student debtors are being kicked off an affordable repayment plan and put into more expensive plans tomorrow. Many are trying to find payment plans that work for them. Here's the repayment calculator today. 46237
Debt Collective 🟥 @debtcollective.bsky.social · 25/09/2026You cannot talk about "affordability" without talking about debt. We're being robbed twice. First at our workplace by our bosses who refuse to pay use enough. Then a second time by our creditors for charging us interest to borrow for what our bosses don't pay us. It's a sham. 24712
Debt Collective 🟥 @debtcollective.bsky.social · 25/09/2026New: 12 Student Loan Ombudsman call for a Payment Pause. “We have identified recurring systemic problems involving income driven repayment plans that materially affect borrower payment obligations, loan balances, and access to [cancellation].” www.forbes.com/sites/adammi...forbes.comEducation Department Must Pause Student Loans As Chaos Deepens, Advocates SayAn increasingly broad chorus of advocates and officials are calling on the Education Department to suspend payments on student loans as deepening chaos grips the system. 04719
Debt Collective 🟥 @debtcollective.bsky.social · 16/09/2026The SAVE student debt plan is ending. This is shameful — and we stand by its unlawful erasure. The student debt system is a nightmare — and we want to help you navigate it. Some of our thoughts on next steps. www.inthered.org/p/stressed-a...inthered.orgStressed about the SAVE deadline? We’re here to help!Resources and information to help you navigate student debt chaos. 14022
Debt Collective 🟥 @debtcollective.bsky.social · 16/09/2026We need full student debt cancellation. Every single student debt should be cancelled. It's all illegitimate. And we need Democrats demanding its relief — not trying to normalize its existence by ignoring the suffering of 40M people. We have a crisis on our hands. 36515
Debt Collective 🟥 @debtcollective.bsky.social · 15/09/2026This is not a system that is realistic, sustainable or follows basic consumer protection law. The entire system is disfunctional. We need a pause on this system. 1447
Debt Collective 🟥 @debtcollective.bsky.social · 15/09/2026...the servicer said they are denying the payment for "various reasons." They won't explain any further. MOHELA recommended the student debtor *switch banks* and try making a payment from an entirely different bank account. !! An entirely new bank account to make a payment. 1308
Debt Collective 🟥 @debtcollective.bsky.social · 15/09/2026One of our members kept trying to make a student debt payment—but the servicer, MOHELA, keeps rejecting the payment. Yes you read that correctly. They will *not* accept the payment. They literally deny the payments and return the money. When we called the servicer to ask why... 23918
Debt Collective 🟥 @debtcollective.bsky.social · 10/09/2026Nearly 30 incarcerated men sent $4,000 to a Kansas school district to pay off their school lunch debt. This will read like a "feel good" story to some, but it is actually the greatest damnation of the capitalist state's ability to meet anyone's needs. www.actionnews5.com/2026/09/04/p... 14317
Debt Collective 🟥 @debtcollective.bsky.social · 08/09/2026As a doctor, Kansas Senator Roger Marshall had dozens of his patients arrested for medical bills. Meischa was arrested for missing a court date related to a C-section bill from Mr. Marshall. "I asked them quietly 'Can you not handcuff me in front of my daughter?" www.nytimes.com/2026/09/08/u...nytimes.comRoger Marshall Sued 700 Patients for Debts; 81 Were Arrested. Now He’s a Senator. (Gift Article)Patients sued by Senator Roger Marshall of Kansas were routinely charged 18 percent interest, The Times found. Some had bank accounts garnished. 01913
Debt Collective 🟥 @debtcollective.bsky.social · 08/09/2026The biggest corporate landlord just emerged overnight. “Vivmark,” a conglomeration of Equity Residential and AvalonBay, has the most units in the U.S. Join our first “Merger TownHall” TODAY as we begin to organize tenants across the new portfolio. debtcollective.org/event/eqr-av... 02210
Debt Collective 🟥 @debtcollective.bsky.social · 03/09/2026And, [Debt Collective] noted, college for all does not mean college is mandatory: “College is a pathway that people can opt into. And college is not divorced from trades.” [They] explained that wanting to fix HVACs should have a fully funded system; so should someone learning to be a doctor. 0145
Debt Collective 🟥 @debtcollective.bsky.social · 03/09/2026"Debt Collective pointed out whether a degree will pay off financially doesn’t make sense for nurses or teachers, two historically underpaid professions. “We need teachers. We need nurses, which is why we should be funding those things,” [they] said." 12915
Reposted by Debt Collective 🟥Rainesford Stauffer @rainesford.bsky.social · 03/09/2026For @damemagazine.bsky.social's American Repair series, I spoke to experts about solutions to the student debt crisis, including debt cancellation and a college for all bill, increasing certainty through expanded aid, and much more. “I’m not kidding you, I wake up every day panicked about this.”damemagazine.comThe Student Debt Crisis Needs More Than Another Repayment PlanThe student debt crisis won’t be solved by repayment plans alone. Experts say affordable college, stronger financial aid, and debt cancellation are key. 19544
Debt Collective 🟥 @debtcollective.bsky.social · 01/09/2026It's time we cancel all medical debt. All of it. 16910
Debt Collective 🟥 @debtcollective.bsky.social · 27/08/2026This type of corporate power and consolidation cannot go unchecked. In the wake of the Newest, Biggest Landlord, we're hosting a Merger TownHall. Live in an AvalonBay or Equity Residential building anywhere? Join us to talk about our collective power. bit.ly/MergerTownhall26 0151
Debt Collective 🟥 @debtcollective.bsky.social · 27/08/2026When real estate companies monopolize, it leads to higher prices and worse lease terms for tenants. The MA AG is already forcing Equity Residential to sell a portion of its portfolio because it controls too much of the "market" in Boston. www.masslive.com/boston/2026/... 1141
Debt Collective 🟥 @debtcollective.bsky.social · 27/08/2026It's not just that these corporate landlords are bad at housing people. They also spend a shit ton of money lobbying against tenant protections. These aren't your typical landlords. These are investment vehicles for the wealthy — and they bet on themselves every time. 191
Debt Collective 🟥 @debtcollective.bsky.social · 27/08/2026Both of these corporate landlords have opaque billing processes and violate basic consumer protection standards by using shady ways to pad their bottomline like charging Ratio Utility Billing System (RUBS) and other junk fees. 191
Debt Collective 🟥 @debtcollective.bsky.social · 27/08/2026Corporate landlords like Equity Residential and AvalonBay exploit and abuse tenants at every step of the way. They use pricing algorithms and other AI softwares to artificially raise the price of rents. They have sky-high eviction rates, disproportionately Black tenants. 180
Debt Collective 🟥 @debtcollective.bsky.social · 27/08/2026Now renamed to Vivmark, the newest, biggest corporate landlord in the United States now has nearly 200,000 units This is a massive monopoly. And it's not just a monopoly of two random corporate landlords. Equity Residential and AvalonBay were very well known bad actors. 181
Debt Collective 🟥 @debtcollective.bsky.social · 27/08/2026You may have heard of Greystar—the largest corporate landlord in the U.S. Until a week ago. Two corporate landlords—Equity Residential and AvalonBay—just announced a historic $70 billion merger. The newest biggest landlord you've never heard of is now 'Vivmark Residential'. 23418
Debt Collective 🟥 @debtcollective.bsky.social · 24/08/2026CNN's Dana Bash had a 12 minute interview with Secretary of Education Linda McMahon and didn't ask her a single question about attempts to shut down the Department or about the nearly $2 trillion portfolio of student loans she oversees. Corporate media is part of the problem. 26019
Debt Collective 🟥 @debtcollective.bsky.social · 21/08/2026Why economic disobedience — not personal finance guidance — is our best path forward. www.inthered.org/p/fascism-pr...inthered.orgFascism-proof your finances?! A retrospective on surviving the Big Beautiful BillWhy economic disobedience — not personal finance guidance — is our best path forward. 03412
Reposted by Debt Collective 🟥SEIU_ORG @seiu.org · 19/08/2026Something has got to give! Student loans are hurting working people, and the current minimum wage certainly isn't helping. It's damn near impossible to pay off tens of thousands of debt with poverty wages. Public service workers need relief, not the wealthy who bribe the Trump admin! 14816
Debt Collective 🟥 @debtcollective.bsky.social · 19/08/2026This error builds on a host of other errors. Lost payments, incorrect balances, false notices, illegalities, missing repayment plans. It's time for Congress to step in and say we must pause payments + interest since the Dept of Education cannot function. bsky.app/profile/debt... 02710
Debt Collective 🟥 @debtcollective.bsky.social · 19/08/2026Here's the point. If the federal government cannot accurately attain the student debt account information of 5 — just five — people... If the McMahon Dept of Education can't do its job in front of a federal court... Imagine the other mistakes it's making to 40M *not* in court. 1195
Debt Collective 🟥 @debtcollective.bsky.social · 19/08/2026In a now corrected filing, an Ed Dept loan analyst said "oops," the mistake came from an error in the federal government database used to track student loans. They claim an old system update removed some older data, meaning some debtor income information was not retained. Hmmm. 151
Debt Collective 🟥 @debtcollective.bsky.social · 19/08/2026(Sidenote: DOJ made a big deal about looking into 5 student debtors' accounts.) More here: bsky.app/profile/debt... 171
Debt Collective 🟥 @debtcollective.bsky.social · 19/08/2026Debt Collective members filed a lawsuit to force the Ed Dept to restore the REPAYE repayment plan—which currently doesn't exist but should. DOJ fought this lawsuit every step of the way. Lawyers filed 5 declarants to say "look, this is happening to more than our plaintiffs." 181
Debt Collective 🟥 @debtcollective.bsky.social · 19/08/2026The DOJ just made a big mistake in a lawsuit brought by Debt Collective members — and had to apologize to a federal court. The ED Dept said 5 student debtors all had $0 in income. That was false. "I was not aware [we] record income as $0 when the system has no data," DOJ said. 1257
Debt Collective 🟥 @debtcollective.bsky.social · 18/08/2026The Department of Education's laundry list of errors and failures on student debt is getting much longer. Wrong balances. False notices. Missing payments. Disappearing trackers. Vanished repayment plans. Garnished payments. Broken websites. Nothing works. It's all crashing. 023036
Debt Collective 🟥 @debtcollective.bsky.social · 18/08/2026Secretary McMahon just publicly confirmed that she will reverse some student debt payment credit debtors had received toward Public Service Loan Forgiveness. This is essentially reinstating student loans—which is illegal. 33574222