The Student Debt Collection represents 25 art students who want to make this significant problem visible. By exposing this through an NFT, we address the amounts which each student carries and imagine the fragile and heavy debt, which by buying part of the NFT, relieves us from our burdens and invests in the future.
The Problem
One has to take a loan for student housing. The other is for tuition fees, and the cost of groceries, books, and living expenses. We haven’t even touched on the expenses regarding healthcare and public transport.
This all combined makes up our student debt. Every student carries enormous debts on their shoulders. Usually, this debt is invisible but with this artwork, it is for the public to see and experience.
The background consists of a grid of tiles within the center 25 students, our class.
Every student carries their own student debt, usually invisible but now visible. Starting with a basic plate glass.
All glass shapes are divided into categories, all clear glass in the artwork is not the main reason for borrowing but its unforeseen costs.
The glass with color and the shapes of Social & Relations, Safe & Space and Knowledge & Expansion is the main reason for the debt of that specific student.
The more the student carries and the higher the pile is, the higher the student’s debt. Below is an example
The NFT shows the total debt of the entire class, but can also show a part. As below where part has been paid off.
And so the student carries less and less and the debts become less heavy. As below where a large part has been paid off.
But we’re not there yet, we’re still carrying all this total debt over our heads.