Why Debt? Why Now?
As we launch our new online publication, I would like to take a moment respond to the questions that many have put to us: why talk about debt now? Why is it important for artists and arts professionals to discuss the impact of debt and its relationship to the culture of indenture that is so deeply integrated into the world view of our profession? The first reason for opening a debate on these matters is the urgency of the current situation. Forbes Magazine reported in February of 2014 that the total student loan balance was $1.08 trillion dollars and that 11.5% of that was 90+days [...]