Student debt -- which is now hitting the trillion dollar mark, even bigger than outstanding credit-card debt -- is part of the fabric of false promises and hyper-individualized coercion that we call neoliberal governance. It hooks into a continuum that begins with payday loans, moves through the concealed robbery of the stock markets and ends in the Treasury's extortion of trillions of dollars from the rest of the world to pay for bloody useless wars. The only way to achieve the cancellation of existing debts and the foundation of a new set of emancipatory social institutions is to overcome the fear of each debtor and generate the trust we need for massive resistance. One strategy (among others) is to open up the analysis of the debt-based economy through teach-ins that can be led by students, adjunct faculty or professors, whether inside or outside the university. These teach-ins could become an existential point of contact between isolated individuals in the knowledge-factories and the Occupy movement. The point is to transform the very meaning and purpose of education, and to start generating a new map of rights and responsibilities that can help us navigate beyond neoliberal governance.

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