New Call for Debt Relief Before Obama Leaves


The Debt Collective, an activist group and offshoot of the Occupy Wall Street movement, is calling on the Obama administration to provide debt relief for student loan borrowers who say they were defrauded by for-profit institutions before President Obama leaves office next year. The organization posted a video Monday of Pam Hunt, a debt striker and former Corinthian Colleges student, who appealed to Obama directly to forgive the debt of former students alleging fraud by shuttered for-profits Corinthian, ITT Technical Institute and The Art Institutes. Hunt and other debt strikers say their best chance of debt relief is in the next two months — before the administration of Republican Donald Trump takes over in January.