Tag: student debt
"This is a welcome step towards stimulating the economy and providing some economic relief to millions of Americans."
"A federal judge conspired with right-wing politicians and corrupt corporations to block life-changing student debt relief for tens of millions of families," said one campaigner.
Conservatives are hoping right-wing courts will intervene to deny debt relief to tens of millions of borrowers.
This plan will eliminate student debt for near 20 million Americans and reduce debt for another 43 million people.
The estimated total debt of the more than 100 students in Wiley College's class of 2022 totaled $300,000.
In the richest country in the history of the world, it is absurd, to say the least, that we have sentenced an entire generation to a lifetime of debt simply for doing what was expected of them — getting a college education.
Student debt disproportionately impacts Black and Brown Americans. It’s time to end this collective financial burden, and the president can do so with the stroke of a pen.
"Canceling $50,000 in debt is where you really make a dent in inequality and the racial wealth gap. $10,000 isn't."
"Write, call, email," urged the Democratic leader, who said President Joe Biden is "more open" to the proposal than ever before.