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A group of anti-debt campaigners pulled off a creative hoax on Monday by falsely announcing it had won a coveted prize offered by the nation's student "aid" industry with this innovative proposal: "end student debt for good by making higher education tuition free for all."
Debt Collective, which is a new debtors' union that formed as an offshoot of Strike Debt, created a fake Twitter handle, blog post, and image announcing the group's receipt of the National Association of Student Financial Aid Administrators' Big Idea award.
The announcements were released right in the middle of a New Orleans conference of the NASFAA, which says it represents "20,000 student financial assistance professionals at approximately 3,000 colleges, universities."
While Debt Collective's award announcement was fake, their proposal was completely real.
"You may be asking how we can afford to completely fund public education," said the organization in a blog post. "Our research shows that after stripping off the amount that the government already spends to subsidize higher education--including at predatory for-profit institutions--the total amount of new money necessary would be as little as $15 billion a year. Fifteen billion is a fraction of one percent of yearly government spending; it is merely a rounding error in the federal budget, less than the government currently spends on tax breaks for just 20 corporations."
Debt Collective's publicly available proposal, which was not formally submitted to the conference, declares: "Free higher education is possible. In fact, many countries around the world fund public universities, and college was low-cost or free in the United States for much of the 20th century."
"Our message is that there is this huge industry, with thousands at the conference and all talking about supposedly innovative solutions and student debt. But they are ignoring the most simple and affordable option: make college free."
--Ann Larson, Debt CollectiveThe Big Idea prize is advertised by NASFAA as "a game show-style event where financial aid administrators, researchers and other interested stakeholders will have the chance to present their innovative policy ideas to reform and improve federal student aid programs and policies." The conference itself is sponsored by numerous big banks and student loan companies.
NASFAA, which claims to advocate for "public policies that increase student access and success," was not amused by the trick. "NASFAA has not given any awards to the organization Debt Collective, despite its false claims on a phony Twitter account," NASFAA told Common Dreams over Twitter.
Ann Larson, a New York-based organizer with the Debt Collective, told Common Dreams that the spectacle was aimed at "countering the narrative" of the conference.
"The narrative is that they are coming up with innovative solutions and payment plans, allowing people who couldn't go to college to afford to do so," said Larson. "Our message is that there is this huge industry, with thousands at the conference and all talking about supposedly innovative solutions and student debt. But they are ignoring the most simple and affordable option: make college free. The fact that there is an entire industry built around ignoring that solution strikes us as astounding."
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
A group of anti-debt campaigners pulled off a creative hoax on Monday by falsely announcing it had won a coveted prize offered by the nation's student "aid" industry with this innovative proposal: "end student debt for good by making higher education tuition free for all."
Debt Collective, which is a new debtors' union that formed as an offshoot of Strike Debt, created a fake Twitter handle, blog post, and image announcing the group's receipt of the National Association of Student Financial Aid Administrators' Big Idea award.
The announcements were released right in the middle of a New Orleans conference of the NASFAA, which says it represents "20,000 student financial assistance professionals at approximately 3,000 colleges, universities."
While Debt Collective's award announcement was fake, their proposal was completely real.
"You may be asking how we can afford to completely fund public education," said the organization in a blog post. "Our research shows that after stripping off the amount that the government already spends to subsidize higher education--including at predatory for-profit institutions--the total amount of new money necessary would be as little as $15 billion a year. Fifteen billion is a fraction of one percent of yearly government spending; it is merely a rounding error in the federal budget, less than the government currently spends on tax breaks for just 20 corporations."
Debt Collective's publicly available proposal, which was not formally submitted to the conference, declares: "Free higher education is possible. In fact, many countries around the world fund public universities, and college was low-cost or free in the United States for much of the 20th century."
"Our message is that there is this huge industry, with thousands at the conference and all talking about supposedly innovative solutions and student debt. But they are ignoring the most simple and affordable option: make college free."
--Ann Larson, Debt CollectiveThe Big Idea prize is advertised by NASFAA as "a game show-style event where financial aid administrators, researchers and other interested stakeholders will have the chance to present their innovative policy ideas to reform and improve federal student aid programs and policies." The conference itself is sponsored by numerous big banks and student loan companies.
NASFAA, which claims to advocate for "public policies that increase student access and success," was not amused by the trick. "NASFAA has not given any awards to the organization Debt Collective, despite its false claims on a phony Twitter account," NASFAA told Common Dreams over Twitter.
Ann Larson, a New York-based organizer with the Debt Collective, told Common Dreams that the spectacle was aimed at "countering the narrative" of the conference.
"The narrative is that they are coming up with innovative solutions and payment plans, allowing people who couldn't go to college to afford to do so," said Larson. "Our message is that there is this huge industry, with thousands at the conference and all talking about supposedly innovative solutions and student debt. But they are ignoring the most simple and affordable option: make college free. The fact that there is an entire industry built around ignoring that solution strikes us as astounding."
A group of anti-debt campaigners pulled off a creative hoax on Monday by falsely announcing it had won a coveted prize offered by the nation's student "aid" industry with this innovative proposal: "end student debt for good by making higher education tuition free for all."
Debt Collective, which is a new debtors' union that formed as an offshoot of Strike Debt, created a fake Twitter handle, blog post, and image announcing the group's receipt of the National Association of Student Financial Aid Administrators' Big Idea award.
The announcements were released right in the middle of a New Orleans conference of the NASFAA, which says it represents "20,000 student financial assistance professionals at approximately 3,000 colleges, universities."
While Debt Collective's award announcement was fake, their proposal was completely real.
"You may be asking how we can afford to completely fund public education," said the organization in a blog post. "Our research shows that after stripping off the amount that the government already spends to subsidize higher education--including at predatory for-profit institutions--the total amount of new money necessary would be as little as $15 billion a year. Fifteen billion is a fraction of one percent of yearly government spending; it is merely a rounding error in the federal budget, less than the government currently spends on tax breaks for just 20 corporations."
Debt Collective's publicly available proposal, which was not formally submitted to the conference, declares: "Free higher education is possible. In fact, many countries around the world fund public universities, and college was low-cost or free in the United States for much of the 20th century."
"Our message is that there is this huge industry, with thousands at the conference and all talking about supposedly innovative solutions and student debt. But they are ignoring the most simple and affordable option: make college free."
--Ann Larson, Debt CollectiveThe Big Idea prize is advertised by NASFAA as "a game show-style event where financial aid administrators, researchers and other interested stakeholders will have the chance to present their innovative policy ideas to reform and improve federal student aid programs and policies." The conference itself is sponsored by numerous big banks and student loan companies.
NASFAA, which claims to advocate for "public policies that increase student access and success," was not amused by the trick. "NASFAA has not given any awards to the organization Debt Collective, despite its false claims on a phony Twitter account," NASFAA told Common Dreams over Twitter.
Ann Larson, a New York-based organizer with the Debt Collective, told Common Dreams that the spectacle was aimed at "countering the narrative" of the conference.
"The narrative is that they are coming up with innovative solutions and payment plans, allowing people who couldn't go to college to afford to do so," said Larson. "Our message is that there is this huge industry, with thousands at the conference and all talking about supposedly innovative solutions and student debt. But they are ignoring the most simple and affordable option: make college free. The fact that there is an entire industry built around ignoring that solution strikes us as astounding."