Inspiring News Articles
Excerpts of Highly Inspiring News Articles in Major Media
Below are one-paragraph excerpts of highly inspiring news articles from the major media. Links are provided to the original inspiring news articles on their media websites. If any link fails, read this webpage. The most inspiring news articles are listed first. You can also explore the news articles listed by order of the date posted. For an abundance of other highly inspiring material, see our Inspiring Resources page. May these inspiring news articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
An activist group (is) buying and cancelling other people's student debts. Rolling Jubilee has purchased and abolished $3.8m (Ł2.35m) of debt owed by 2,700 students. Debts can be bought and sold in the financial marketplace. But student debt, which has spiralled to an estimated $1.2 trillion (Ł619bn), is not usually as available to buy as other debts. In this speculative secondary market, third parties buy debt for a fraction of its original cost. These debt campaigners are buying debts and then writing them off. Laura Hanna at Rolling Jubilee says, "We wanted to question the morality around repayment. Your debts are on sale. They are just not on sale to you." Ms Hanna says ... the way that selling education as a commodity reinforces inequality. The group is hoping to show students that if they work together, they can renegotiate their debt. Student debt can pursue people all through their working lives and into retirement. Officials giving evidence to a US Senate committee said this could mean that student debt repayments could be deducted from retired people's social security benefits. John Aspray, national field director at the United States Student Association (USSA), said recent changes in law mean people in medical or gambling debt can declare themselves bankrupt - but to do so for student debt ... is very difficult. "Opportunities for renegotiating are very well hidden."
Note: Rolling Jubilee's website has a counter where you can see how many millions of dollars in burdensome debt have been eliminated by their inspiring strategy.
