Thursday August 13 | 2:00-3:00 pm (ET)
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The COVID-19 pandemic and the recession it triggered have only intensified issues of college affordability and student loan debt. Before this pandemic, outstanding student debt had surpassed $1.6 trillion, with women shouldering about two-thirds of that debt and Black borrowers graduating with the highest debt levels at an average of $34,000. Furthermore, millions have yet to recover from the devastating financial blow of the 2008 crisis. In fact, student debt and the racial wealth gap have increased in the last decade.
As federal policymakers discuss various recovery mechanisms for a stalled economy and unprecedented levels of unemployment, they must also consider the disproportionate burden of student debt, COVID-19, and the economic recession on African Americans and people of color. This webinar convenes experts and advocates to discuss how student debt cancellation can aid households, stimulate a weakened economy, and promote racial justice.
Panelists:
- Stephanie Kelton, Professor, Economics and Public Policy, Stony Brook University
- Darrick Hamilton, Executive Director, Kirwan Institute for the Study of Race and Ethnicity, Ohio State University
- Josh Delaney, Senior Education Policy Advisor, Office of Senator Elizabeth Warren (D-MA)
- Marlén Mendoza, President, League of United Latin American Citizens (LULAC) Council 308
Moderator:
- Asha Banerjee, Policy Analyst, Center for Law and Social Policy
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