Who Wants to Buy and Forgive Some Cheap Debt? It's the Rolling Jubilee!

“OWS is going to start buying distressed debt (medical bills, student loans, etc.) in order to forgive it. As a test run, we spent $500, which bought $14,000 of distressed debt. We then ERASED THAT DEBT.” It’s the Rolling Jubilee! There are some tricky issues with this as a program but guess what? TECHNICALLY, it actually works.