Friend,

 

Yesterday, Maura stood with her friends Senator Elizabeth Warren and Congresswoman Ayanna Pressley to call on President Biden to cancel up to $50,000 in federal student loan debt.

 

Watch their press conference and hear La’Kayla’s story about the hardships she faced while trapped under crushing student loan debt.

 

 

Student loan debt is a $1.7 trillion crisis in the United States. The system is fundamentally broken – it enables for-profit schools to prey on vulnerable students and it saddles parents and students with loans they can’t possibly repay. As a result, millions of young people have been robbed of the opportunity to fulfill their dreams of starting a family, buying a home, owning a business, and more.

 

Experts agree that cancelling student loan debt would have the greatest impact for those who are struggling – particularly Black and Brown borrowers who have been hit hardest by the COVID-19 pandemic. This would offer direct, tangible relief for low- and middle-income borrowers. It would also fuel systemic change by remedying predatory practices, boosting our struggling economy, and helping to close the racial wealth gap.

 

WATCH