Strike Debt is a nationwide movement of debt resisters fighting for economic justice and democratic freedom.
Debt is a tie that binds the 99%. With stagnant wages, systemic unemployment, and public service cuts, we are forced to go into debt for the basic things in life — and thus surrender our futures to the banks. Debt is major source of profit and power for Wall Street that works to keep us isolated, ashamed, and afraid. Using direct action, research, education, and the arts, we are coming together to challenge this illegitimate system while imagining and creating alternatives. We want an economy in which our debts are to our friends, families, and communities — and not to the 1%.
We buy debt for pennies on the dollar, but instead of collecting it, we abolish it. We cannot buy specific individuals' debt — instead, we help liberate debtors at random through a campaign of mutual support, good will, and collective refusal. All proceeds go directly to buying and canceling people's debt.
The Debt Resisters’ Operations Manual
Written by a network of activists, writers, and academics, The Debt Resisters’ Operations Manual reveals how the predatory debt system works to increase inequality, undermine democracy, and ruin lives. It provides detailed strategies for fighting common forms of debt and lays out an expansive vision for a societal movement of debt resistance. The full text of the manual is available for free.
The Strike Debt Organizing Kit
Want to build your own Strike Debt chapter? Here's how. The information and advice in this kit can be used by Strike Debt affiliates, or by existing groups who would like to affiliate because they have shared goals. It is a living document, which means it will be revised periodically to reflect the experience and input of new affiliates.
Strike Debt’s Rolling Jubilee project has abolished almost $4 million in private student debt for a little over $100,000 These debts were held by students who attended Everest College, a predatory for-profit institution in the Corinthian Colleges network. You can read a sample letter received by debtors here. Details about the purchase are available here. …