In November, organizers with Occupy Wall Street had an idea: buy up people’s personal debt — like student debt and debt resulting from health care bills — and simply forgive it.

They called their program a “bailout of the people by the people” and named it Rolling Jubilee — based on the Biblical parable of the Jubilee year, where debts would be forgiven.

Since they launched their effort, they have raised $561,587 to abolish $11,236,570 of personal debt. Ai??Check out their website for information on how to get involved.

We have set up a tool that helps you move your money from Big Banks to smaller banks and credit unions. Click here to check it out.

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