We have raised
A bailout of the people by the people
Rolling Jubilee is a Strike Debt project that buys debt for pennies on the dollar, but instead of collecting it, abolishes it. Together we can liberate debtors at random through a campaign of mutual support, good will, and collective refusal. Our latest project The Debt Collective aims to build collective power to challenge the way we finance and access basic necessities such as housing, medical care and education. Join us as we imagine and create a new world based on the common good, not Wall Street profits.
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Transparency
See our Transparency page for details about our Board of Directors, operations, and our latest debt buys.
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- No one should have to go into debt for basic needs like housing, healthcare, and education. debtcollective.org
- The Rolling Jubilee has erased $13 million of student debt owed by 9,438 people debtcollective.org #debtstrike
- The #RollingJubilee has abolished over $14 _MILLION_ in people's medical debts, for pennies on the dollar!
- Health care should NOT be for profit. We call for an end to privatized care and #medicaldebt http://tinyurl.com/l4773su
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We are collecting a list of resources to help people understand debt and link them to organizations dedicated to ending it. If you have additions please share them with us!
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FAQ
Join in the Jubilee
Donations are currently closed, but you can still help.
We have always said that Rolling Jubilee is not a solution to the debt crisis. We will continue using the funds collected by Rolling Jubilee to conduct debt purchases that highlight different aspects of the debt system. But as of December 31st, 2013, we have stopped accepting new donations.
We have launched the Debt Collective to move beyond individual tactics, and build a debt resistance movement. This is the second phase of our movement work. By banding together, we can strike a better deal for everyone.
The Rolling Jubilee Fund is a non-profit 501(c) (4) organization with the exclusive mission of buying and abolishing debt. 100% of the money raised goes to the process of buying and abolishing debt (a process that includes some associated costs such as paperwork, accounting, and legal fees). The volunteers managing the fund receive no compensation. In the interest of transparency, a full accounting of funds received and spent is reported on our website.
For updates about the Rolling Jubilee, read the Strike Debt Blog.