Drop Student Debt Campaign

Student loan debt buries 37 million people in the United States and now exceeds $1 trillion. On average, students borrow $26,000 to pay for an education which is either free or of minimal cost in most advanced countries.  

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Higher education is increasingly treated as an individual commodity, rather than a public good or an investment in our collective future. As a result, millions are putting off major purchases and life decisions – especially graduates of color, who have disproportionately higher debt. This is NOT only a "young person's problem." Most of the student loan debt is owed by people older than 30.

This crisis has a crushing ripple effect on our economy: students and recent graduates are forced into low-wage jobs in order to immediately start making payments back to banks and lenders; instead of stimulating the economy by spending millions of dollars, many are pinching pennies to just try to keep up with the interest on their loans.

Meanwhile, total public and private tuition costs are $170 billion per year – one fifth of what we spend on the military per year. We can afford to do better.

Campaign Goals

1)      Build a movement capable of winning free higher education for all in the long term, by organizing debt holders.

2)      Demand a short term reform which would throw a lifeline to 37 million student debt holders. Specifically, we want President Obama to use an executive order to dramatically expand the Income Based Repayment Program (a program he himself created via executive order).

The current Income Based Repayment Plan allows some students to pay 10% of their discretionary income for 20 years and have the rest of their loans forgiven. Our goal is to:

  • allow all student loans to be repaid at an annual rate of 10% of discretionary income and be forgiven after 10 years;
  • expand the program to cover all student loans, public and private.

Get Involved

Upload your student debt story to our Drop Student Debt Tumblr.

Sign our online petition.

Begin organizing people in your community by collecting petition signatures face to face and talking to them about the student debt crisis. Download a copy of the petition here.

Learn more about the campaign and ways to get more involved by calling in to one of our Campaign Briefing conference calls. RSVP here.

Resources

Paper copy of petition

Student Debt FAQ flyer

Age is No Barrier to Student Debt flyer

The Real Cause of Student Debt flyer

Education is a Right flyer

Additional information about the existing Income Based Repayment Program

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Starting a Local Chapter from Scratch (9pm Eastern)

October 04, 2016 · 5 rsvps
Webinar, RSVP required for sign in information

So you are now a member of DSA, but there is no local chapter where you live. You are thinking of starting a local chapter, but you're not quite sure how to do it.

In Starting a Local Chapter from Scratch you will learn:

  • how other locals got started in recent years
  • how to find out who is already a member
  • the importance of a comrade
  • how to recruit new members
  • the importance of a mentor
  • how to become a recognized organizing committee
  • how to become a chartered local
  • what works best to bring new people in.

Join us for our latest organizing training for democratic socialist activists: DSA’s (Virtual) Little Red Schoolhouse.

Instructor:

  • Steve Max, DSA Vice Chair and one of the founders of the legendary community organizing school, The Midwest Academy

Training Details:

  1. Workshops are free for any DSA member in good standing.
  2. You need a computer with good internet access.
  3. Your computer must have preferably headphones or else speakers; you can speak thru a mic or use chat to "speak".
  4. If you have questions, contact Theresa Alt talt@igc.org 607-280-7649.
  5. If you have very technical questions, contact Tony Schmitt schmittaj@gmail.com 608-355-6568.
  6. You can participate in every webinar or just attend once in a while.
  7. Workshops will generally be on weekends or evenings.
  8. Participation requires that you register at least 45 hours in advance -- by midnight Sunday for Tuesday's webinar.

NOTE: This training is scheduled for 9:00pm Eastern Time (8pm Central, 7pm Mountain, 6pm Pacific, 5pm Alaska, 3 pm Hawaii).

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DSA New Member Orientation Call

October 19, 2016 · 12 rsvps
DSA New Member Orientation

You've joined DSA - Great. Now register for this New Member Orientation call and find out more about our politics and our vision.  And, most importantly, how you can become involved.  8 PM ET; 7 PM CT; 6 PM MT; 5 PM PT.

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