Here’s one inventive way to deal with the student debt problem. Late last week, Chilean police arrived at Santiago’s Centro Cultural Gabriela Mistral and removed a white bin of gray ash — allegedly all that remained of $500 million worth of student debt notes.
The case of the destroyed student debt traces back to a hastily shot home video, a half-smoked cigarette, and a disheveled artist named Papas Fritas. In the video, which went viral last week in Chile, Papas Fritas confessed he had recently stolen the documents from the for-profit Universidad del Mar. Then he set them ablaze in a defiant, brazen act of art.