You Are Not A Loan

1

Transcribed from This is Hell! Radio’s 4 October 2014 episode and printed with permission. Edited for space and readability. Listen to the full interview:

“If the Department of Education is operating mostly like a debt collector it’s going to think mostly like a debt collector rather than somebody that supervises an education system.”

Chuck Mertz: The college school year has begun. What better time to tell incoming and returning students that university education can be a scam? And now the Too Big To Fail banks have done to colleges what they did to the subprime housing market. If you remember, that didn’t end up so great. Maybe it’s time to strike debt.

Third year NYU law student Luke Herrine is a member of Strike Debt, where he is part of the writing team. Good morning, Luke.

Luke Herrine: Hi, Chuck. Good to be here.

CM: Great to have you on the show. Luke co-wrote the piece The Public Option for Higher Education at Dissent magazine. His colleagues at Strike Debt, economic anthropologist and UCLA assistant professor Hannah Appel and past This is Hell! guest Astra Taylor posted the TomDispatch story this week Education With a Debt Sentence: For-Profit Colleges as American Dream-Crushers and Factories of Debt.Continue Reading