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Rolling Jubilee Abolishes $3.85 Million in Student Debt

HeadlineSep 18, 2014

And activists with the Rolling Jubilee have bought up $3.85 million in student debt and abolished it. The group purchases debt at discounted prices by raising money through donations. The latest move lifts debt from nearly 3,000 students of Everest College, whose parent company, Corinthian Colleges, is now being sued by the federal government for predatory lending.

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