The Debt Gala: The Red Carpet for the People

The Debt Gala: The Red Carpet for the People

May 1, 2026 · 11 min · Episode 29

About this episode

Jamie Rubin interviews Tom Costello about the Debt Gala, an alternative fundraiser addressing medical debt.

The Met Gala, the largest fundraiser in America, raises money for the Costume Institute at the Met Museum, which pays a dollar a year in rent. Tom Costello thinks we can do better. Jamie sits down with the theater director and co-founder of the Debt Gala — a genuinely joyful alternative happening the night before fashion's biggest party — to talk about medical debt, the miracle math of buying it for pennies on the dollar, and why $19,000 can quietly erase nearly $2 million in someone's financial nightmare. https://www.debtgala.com/ For more solutions-oriented thinking on urban life, visit the Vital City website at https://www.vitalcitynyc.org/

People in this episode

Host: Jamie Rubin

Guest: Tom Costello

Mentioned in this episode

Organizations: Costume Institute, Met Museum, Debt Gala, Vital City

Places: America

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