A Chilean Artist Burns $500 Million In Student Loan Debt From A Corrupt University
The only thing worse than owing money to your alma mater is owing money to a criminal operation passing itself off as your alma mater. That was the case for former students of Chile's Universidad del Mar, which was shut down by the government due to "financial irregularities," like money laundering, unpaid salaries, and shamelessly squeezing every last cent they could out of their students. Unfortunately, that last part was perfectly legal, and continued even after the university ceased operations. Despite being left with unfinished, useless degrees, students were still harassed to pay up for the education they only sort of received.
That didn't sit well with visual artist Francisco Tapia, who goes by the odd moniker Papas Fritas ("Fried Potatoes," i.e. "French Fries"). After studying the situation for a year, Papas Fritas managed to enter the school's facilities by claiming he was collecting material for an art project. And he was. It's just that the "material" happened to be $500 million in student debt notes, which he snuck out of the archives, and his "art project" consisted on setting them on fire.