Stein believes abolishing student debt and making higher education free is critical for the future of business.
“I think we all know that we are in this magical moment where the social movements are thriving. The Black Lives Matter movement, the immigrant rights movement, the fight for 15 and the incredible surge of worker power who are standing up for living wages and the right to form unions and for decent health insurance and benefits. It’s just staggering for those of us who have been around the block here for a few decades working on this stuff to see it just erupting all around us. It feels like such a …it’s a very magical moment.
Students are leading the charge to abolish debt, abolish student debt, which I think is one of the really big opportunities of the moment. Harnessing the power of the millennials to change history is really critical and that has always been the leading edge of transformative change. And we have this situation basically where young people are indentured servants in debt; 40 million of them actually. 40 million who are in debt without a prospect, without a reasonable prospect of getting out of it because the jobs that are being created now are low wage, temporary, part time, insecure, benefit poor jobs.
75 percent, they don’t want you to know that, the powers that be. But 75 percent of all jobs created since the so called recovery have been these low wage and part time jobs. So that doesn’t enable you to both pay your rent and pay your debt or ever get out of it and get ahead of it. So there is this army of activists that’s really waiting just to be activated and I think it’s really critical as we try to build the structure of Green Parties and we try to get engagement, to really be putting that front and center. The abolition of student debt and making higher education free is really critical for engaging the power of that younger generation.”