ALTERNET: Elizabeth Warren Receives 240,000 ‘Cancel All Student Debt’ Petition Signatures

Career College Central Summary:

  • Last week Sen. Elizabeth Warren, the Senate’s foremost advocate for lowering student debt and lowering the cost of college, received a petition signed by more than 240,000 people.
  • The petition called on Congress and President Obama to cancel all student debt – all $1.2 trillion. It was delivered by representatives of 12 organizations that had collected the signatures across the U.S.: Roger Hickey, Campaign for America’s Future; Rachel Colyer, Daily Kos; Amanda Johnson, Working Families; Natalia Abrams, Student Debt Crisis; and John Hlinko, Left Action. They represented some of the 12 organizations that helped gather the 240,000 signatures.
  • Their Cancel All Student Debt demand goes beyond the various reforms, many championed by Warren and progressive groups, designed to lower debt costs, allow students and graduates to renegotiate loan payments, reduce the costs of attending college, and regulate private for-profit “university” rip-offs. These demands, some of which might possibly be passed in this Congress, were showcased all last week by a coalition of groups working together under the banner of “HIGHER ED, NOT DEBT WEEK OF ACTION.”
  • The petition calling for wiping out all student debt was launched in January in a blog post at the Campaign for America’s Future blog and on Huffington Post, written by Mary and Steven Swig, co-founders of the National Student Debt Jubilee Project, and Richard Eskow of CAF.
  • The January 26 article advanced a bold idea: “Liberate 41 Million Americans From Student Loan Debt.” The authors declared:

    • “It is time for a comprehensive solution to a $1.3 trillion problem: student debt in the United States. . . . We must also confront what has been done to the last several generations of students. They have been forced to take on debt that is crippling to them, to our economy and our society. A student debt “jubilee” would reflect both the values upon which this nation was founded, and the economic principles which have sustained it through its greatest periods of growth and prosperity. It is time for a truly transformative idea: Let’s Abolish All Student Loan Debt in America. If you agree, click here to take action.”
  • Eleven other groups joined with the Campaign for America’s Future to send the petition out to their members: American Federation of Teachers, Courage Campaign, Daily Kos, Democracy for America, LeftAction, Project Springboard, RH Reality Check, RootsAction, Student Debt Crisis, The Nation, and Working Families. So last week’s delivery of 240,000 signatures was the culmination of a process that started early this year. And it represents only the beginning of a campaign whose momentum is building.

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