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The Global Shapers Sacramento Hub Aims to Erase Millions of Dollars in Medical Debt Through “Shred the Debt” Campaign

This Youth-led Effort Aims to Eliminate Medical Debt for Thousands of Residents in the Greater Sacramento Region for Pennies on the Dollar

Sacramento, California November 4th – Today, The Global Shapers Sacramento Hub announces the launch of Shred the Debt, a project aimed at erasing medical debt across the Greater Sacramento Region. Through this initiative, the Global Shapers Sacramento Hub aims to purchase and eliminate millions of dollars in medical debt, focusing on those disproportionately burdened by medical debt. 

“Our goal is to alleviate some of the financial stress that medical debt imposes on our neighbors,” said Gustavo Garcia, Curator of the Global Shapers Sacramento Hub. “Through Shred the Debt, we’re not just erasing numbers on a balance sheet—we’re giving people a fresh start and lifting a heavy burden that affects health, families, and futures. We have an ambitious goal to buy a medical debt portfolio worth $3.7 million, and are confident that our region will come together to tackle this.”

Shred the Debt is made possible through a partnership with Undue Medical Debt, which specializes in purchasing medical debt at a fraction of its original cost. Through this partnership, a donation of just $1 has the power to erase over $200 of medical debt, amplifying the impact of each contribution. 

The Global Shapers Sacramento Hub will be collecting donations through the middle of February, and will match the first $500 donated – eliminating over $100,000 worth of medical debt for our neighbors, families, and communities in the Greater Sacramento Region. For more information, and to sponsor our efforts, please contact David Sievers at sacramento@globalshapers.org.

For more information on how our project works or to make a donation, please visit our donation page.

Valley Vision has been fiscal agent for the Global Shapers – Sacramento Hub for several years. Through this formal partnership, the Sacramento Hub has access to a high-performing and trusted local nonprofit that manages its finances and records, keeping things running smoothly. For Valley Vision, the Global Shapers bring a unique connection to the global community not found in other young leaders groups, which further boosts VV’s toolset in advancing the livability of the Sacramento region.