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A year later, in September 2014, Rolling Jubilee announced that it had bought another $3.8m worth of student debt belonging to more than 2,700 Everest College students.
Last year, Chilean artist, Francisco Tapia, set fire to documents representing $500m £326mm) worth of student debt during a protest at the country's Universidad del Mar, claiming he had 'freed' students by destroying the debt papers.
Forced to live at home, saddled with the majority of the $1tn worth of student debt, millennials have also been struggling to find jobs which would establish their financial independence.
"Young college graduates working multiple jobs is a natural consequence of a bad labor market and having, on average, $20,000 worth of student loans to pay off," said Carl E. Van Horn, director of the John J. Heldrich Center for Workforce Development at Rutgers.
During Thursday's Treasury select committee hearing, Osborne admitted his department had only published the expected income from the sale of around £12bn worth of student loans, and the figures did not include the loss of revenue from loan repayments that the government would no longer receive if the loans were sold on.
He says: "On top of the 18 grand's worth of student debt, I've also accumulated quite a lot of overdraft debt.
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"By most calculations, I had about 200 years' worth of students in my class".
There will still be fewer jobs in a couple of years, but now there'll be three years' worth of students competing for them.
Weinberg asked the Ohio State registrar for a decade's worth of students' grades and teacher evaluations, from 1995 to 2004, in both introductory and higher-level economics classes.
But they are even happier with the knowledge that each classic title reissued becomes part of its publisher's all important backlist, to be sold to about 40 years' worth of students.
Back in March, iversity told TechCrunch it was hoping to attract six-digits' worth of students at the launch of its MOOCs.
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