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The students, calling themselves the Corinthian Fifteen, had organized a "debt strike," refusing to repay their student loans even at the risk of going into default.
On Monday, Heiney and fourteen other people who took out loans to attend Corinthian announced that they are going on a "debt strike," and will stop repaying their loans.
It was similar to a debt strike".
And this was when we flipped the idea of a debt strike to Strike Debt.
The attorneys general's request comes as a group of more than 100 former Corinthian students have gone on a "debt strike" — refusing to pay off debts from Corinthian.
Collective action offers many possibilities for building power against creditors through collective bargaining, including the power to threaten a debt strike.
Similar(47)
"This settlement provides zero justice for the people who have been harmed by EDMC," said the Debt Collective, a pro-borrower group that has organized a nationwide "debt strike" against the Education Department.
A group of former Corinthian students is also staging a student debt "strike," refusing to pay debts owed for Corinthian education until the Department of Education agrees to a blanket loan forgiveness.
Strike Debt, a debt resistance collective, is pushing for a spread of actions to banish student debt entirely, including urging a mass debt strike movement and asking that the government invest $13 billion to offer free public education.
Some accuse it of delaying needed reforms by sparing the government a sobering debt strike.
At first, the plan was to mount a mass debt strike.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com