Bank Job – an inspirational look at finance
How to beat the system and laugh all the way to the bank. Film review by Sarah Kent
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How to beat the system and laugh all the way to the bank. Film review by Sarah Kent
How student debtors took a radical idea to the mainstream Illustrations by Lyndon Hayes In the summer of 2007, Thomas Gokey had just graduated from the School of the Art Institute of Chicago, and he was thinking about how much his degree had cost him. His diploma was a simple piece of paper, but it came with a price tag of thousands of dollars—dollars that were themselves pieces of paper, transmitted to him in the form of student loans, which he now owed to the federal government. While chewing on this thought, he had an idea for a project that would occupy him for much of the next year. He...
Eye of the storm: Bay Area debt organizers are preparing for life post-moratoriums FacebookTwitterEmail Debbie Notkin, founder of Strike Debt, photographed at her home on March 18, 2021.Patricia Chang/Special to SFGATE How do you organize against trillions of dollars of debt and the lenders that control it? It’s a stupefying question without a definitive answer or action plan because the numbers are so daunting and every debtor's situation varies so wildly. In March, SFGATE ran a feature story about Bay Area residents in debt, whether that be from medical bills or credit cards or college lo...
Either We Break Our Pandemic Debts or Our Pandemic Debts Break Us If millions had no hope of paying their bills before the pandemic, and millions more can’t pay now, what’s left to do but say no? Illustration by Tara Jacoby When the pandemic hit last year, 53-year-old Richard Ault was treading water. A longtime technologist in Silicon Valley, Ault had taken a break from the industry a few years back to work as a public school teacher. When he tried to return to the tech sector in 2018, he found it difficult to land a job despite his decades of experience. “It was a long shot even when...
Until fairly recently, student debt cancellation was considered to be a fringe idea that, while popular among the Occupy Wall Street crowd and on the left, was a mainstream nonstarter. That’s begun to change. The Covid-19 pandemic and resulting economic downturn have pushed the issue even further to the forefront. The CARES Act and then President Donald Trump put a pause on federal student loan payments during the pandemic that expires at the end of January. But with the coronavirus crisis worse than ever, there is a growing chorus of activists, politicians, and voters calling for student ...