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Us @ronandaily. where is the debt the worst? we're looking at a lot of potential areas. in minnesota and pennsylvania, 70% of students have debt and delaware has the actual highest average debt per student at over $33,000. remember, throughout the week we'll be bringing you not just different facets of this problem but also different potential solutions to the challenges you're telling us about. so on that note, joining us today from washington is alexis goldstein. she's a former wall street worker turned wall street occupier who is now an activist with strike debt. one of the largest groups f...

It. no questions asked. they're calling it a rolling jubilee. since their online telethon on thursday night, they raised nearly $300,000 to buy or forgive nearly $6 million of debt. joining me are the organizer of the jubilee, and the author of "occupy america." also sarah ludwig, and doug henwood, editor and publisher of the left business review. all right. so, i would debt? why has -- have you guys come along organizing on debt as this singular issue? >> well, we are part of an offshoot of occupy wall street called strike debt. strike debt emerged out of the

Wearing red squares, and pointing to bigger social problems, the privatization of all sorts of social services. so strike debt has come out of that. >> why do you think it has the emotional resonance it does? why was that the thing? i remember in the i am the 99%, that website, right, people were writing down their story. a lot of them were around debt, revolved around debt. why do you think debt has the emotional resonance it does? >> because debt is isolating, individualizing, and we are living in a society where we are under so much burden of debt that it just -- it makes sense when you loo...

Rhetoric about our federal deficit. trumka's lament says something about the debt obsession, it has obscured also another much more dire debt crisis in america, one that continues to suppress economic growth and cause mass suffering for millions of american. that's the overhang of household debt. americans remain massively overleveraged with more than $11 trillion in household debt. most of which is mortgage debt. there seems s ts to be no poli will to deal with this, which is why a new plan by organizers associated with occupy wall street is so fascinating. the offshoot called strike debt is ...

$900 in 2003, to $1600 in 2012. so we've seen a rise in then industry of buying this debt, and we've also seen a rise in the amount that people owe. doug, you've written, i think, sort of both affectionately and critically about what strike debt is doing. one point is, you made is that debt in and of itself plays an important role. and you say, well, debt is entrapping or something. but if you take out debt and you get a good education, that's a good investment in building up your skills, then you can pay it off, there's certain debt that debt in and of itself is not bad and plays a vital role...