1 Article by: Debt Collective

Debt Collective is a membership organization working to transform our individual financial struggles into a source of collective power.

There’s No Such Thing as a Good Debtor

In the US, consumer debt is presented as a crucial rung on the ladder to a better life, a pathway to homeownership, and a good job. But most people never dig themselves out of debt, and the myth of the “good” debtor only conceals the crime of treating health care, shelter, and education as profit centers.