"In what is being touted as a "bailout by the people," the Rolling Jubilee announced Monday they have now abolished nearly $15 million in individual medical debt.
In an affront to the status quo of debt collection, Strike Debt—the group behind the project—has so far raised $600,000 which it has used to purchase a total of $14.7 million in medical debt for "pennies on the dollar." Then, instead of trying to collect on it, the group graciously forgives the debt."
