How to Buy Forgiveness from Medical Debt

How to Buy Forgiveness from Medical Debt

Nearly one in ten Americans owe significant medical debt, a burden that can become crippling as living costs and interest rates rise. Over the past decade, a nonprofit called RIP Medical Debt has designed a novel approach to chip away at this problem. The organization solicits donations to purchase portfolios of medical debt on the debt market, where the debt trades at steeply discounted prices. Then, instead of attempting to collect on it as a normal buyer would, they forgive the debt. The staff writer Sheelah Kolhatkar reports on one North Carolina church that partnered with RIP Medical Debt as part of its charitable mission. Trinity Moravian Church collected around fifteen thousand dollars in contributions to acquire and forgive over four million dollars of debt in their community. “We have undertaken a number of projects in the past but there’s never been anything quite like this,” the Reverend John Jackman tells Kolhatkar. “For families that we know cannot deal with these things, we’re taking the weight off of them.” Kolhatkar also speaks with Allison Sesso, the C.E.O. of RIP Medical Debt, about the strange economics of debt that make this possible.

Jaksot(1019)

Richard Linklater on His Two New Films, “Blue Moon” and “Nouvelle Vague”

Richard Linklater on His Two New Films, “Blue Moon” and “Nouvelle Vague”

Richard Linklater is one of the most admired directors working today, and yet moviegoers may admire him for very different things. There are early comedies such as “Slacker” and “Dazed and Confused”; ...

21 Loka 202521min

How the Trump Administration Made Higher Education a Target

How the Trump Administration Made Higher Education a Target

The swiftness and severity with which the Trump Administration has tried to impose its will on higher education came as a shock to many, not least university presidents and faculties from Harvard to U...

17 Loka 202529min

John Carpenter Picks Three Favorite Film Scores

John Carpenter Picks Three Favorite Film Scores

The filmmaker John Carpenter has a whole shelf of cult classics: “They Live,” “The Thing,” “Escape from New York,” “Halloween,” and so many more. And while he hasn’t directed a new movie in more than ...

14 Loka 202512min

Zohran Mamdani Says He's Ready for Donald Trump

Zohran Mamdani Says He's Ready for Donald Trump

Next month, New York City may elect as its next mayor a man who was pretty much unknown to the broader public a year ago. Zohran Mamdan, who is currently thirty-three years old and a member of the Sta...

10 Loka 202548min

How Lionel Richie Mastered the Love Song

How Lionel Richie Mastered the Love Song

Lionel Richie has been making music for fifty years. He has sold more than a hundred million albums, his hits too numerous to list, and he has endeared himself to younger generations as a judge on “Am...

7 Loka 202530min

A Conservative Professor on How to Fix Campus Culture

A Conservative Professor on How to Fix Campus Culture

Robert P. George is not a passive observer of the proverbial culture wars; he’s been a very active participant. As a Catholic legal scholar and philosopher at Princeton University, he was an influenti...

3 Loka 202526min

Jimmy Kimmel and the Power of Public Pressure

Jimmy Kimmel and the Power of Public Pressure

The Political Scene’s Washington Roundtable—the staff writers Jane Mayer, Susan Glasser, and Evan Osnos—discuss how, in the wake of the reinstatement of Jimmy Kimmel’s show, public resistance has a ch...

30 Syys 202543min

Ezra Klein’s Big-Tent Vision of the Democratic Party

Ezra Klein’s Big-Tent Vision of the Democratic Party

The author and podcaster Ezra Klein may be only forty-one years old, but he’s been part of the political-culture conversation for a long time. He was a blogger, then a Washington Post columnist and ed...

26 Syys 202550min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
tervo-halme
rss-pinnalla
rss-vaalirankkurit-podcast
the-ulkopolitist
otetaan-yhdet
rss-podme-livebox
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-asiastudio
et-sa-noin-voi-sanoo-esittaa
aihe
rss-polikulaari-pitka-kiekko-ja-muut-ts-podcastit
rss-kaikki-uusiksi
rss-50100-podcast
rss-ulkopoditiikkaa
rss-hyvaa-huomenta-bryssel