The country’s new prime minister, Andy Burnham, has promised a break from the politics of the last 40 years—realizing more broadly that Labour must stand up for the 99% against big business, or the party will become irrelevant.
debt strike
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On Navient Misconduct, Student Debt Activists Stay Silent—For Now
The nation’s largest student loan company, Navient, handles over $300 billion in federal and private loans – though recent details emerged showing the company misled student borrowers while approving subprime loans that defaulted at rates up to 92%.
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Former Students Launch Debt Strike Against College, Fueling Next Stage in the Movement
On Monday, a group called Debt Collective said former students of the for-profit Corinthian Colleges Inc. will stop paying their loans – signaling an escalation in the nationwide student fight against skyrocketing student debt.
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What’s Driving the Student Debt Bubble?
The amount that students owe quintupled between 2000 and 2011, a result of similar kinds of fraudulent tools of financialization as the ones that took down the U.S. economy.
