More than 45 million people across America hold a total of $1.6 trillion in student loan debt. President Biden has the power to cancel this debt and help relieve the mountain of economic stress that so many are facing during this pandemic.
Yet, this is an example of a disappointing headline we’re seeing after President Biden’s CNN town hall last night:
Forgiving student debt is an economic justice issue. Women hold two-thirds of student debt, and Black borrowers owe $25,000 more on average than white borrowers. That’s one important reason why Pramila is advocating for full student debt cancellation.
President Biden says he’s willing to cancel $10,000 of student debt, but he can and must go further while we have the chance! If you agree that President Biden should forgive as much student debt as possible, join our movement for student debt cancellation by contributing to Pramila’s campaign right now.
This country was already experiencing historic economic inequality long before the COVID-19 crisis. One in four student loan borrowers were behind on payments even before the pandemic started.
Democrats now control the House, the Senate, and the White House. In order for us to lift people up during this crisis — and into the future — we need to use that power to deliver on a transformative economic agenda. One key component to that agenda is forgiving student debt.
In solidarity,
Team Jayapal
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Paid for by Pramila for Congress
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Pramila for Congress, PO Box 21912, Seattle, WA 98111