Andrea Germanos writes at Common Dreams:
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An artist and activist in Chile has “freed” university students from their student debt by burning $500 million dollars in debt notes.
The action was the work of visual artist Francisco “Papas Fritas” Tapia, who took the debt notes during a student takeover of the University del Mar, burned them to ashes, and put them on display as an exhibit.
“Authorities began shutting down” the university “last year for financial irregularities and encouraged students to seek out alternative universities,” the Santiago Times reported, but “the university is still collecting on its student loans.” It is slated to close at the end of this year.
Chile has been hit since 2011 by waves of student protests that have denounced the Pinochet-era education policies that have enabled ‘profiteering’ and privatization at the nation’s schools, and have prompted demands for education to be a public good, not a commodity.