This week, Senator Elizabeth Warren led her first hearing as Chair of the Senate Economic Policy Subcommittee. The hearing examined the student loan crisis which currently burdens tens of millions of Americans with $1.7 trillion of debt.

She concluded the hearing by saying "President Biden can cancel $50,000 of student debt with the stroke of a pen today. He can start to close the racial wealth gap and he can relieve the burden on borrowers and on our economy."

With Warren's leadership, the President may be ready to act soon. He just ordered a report on his legal authority to cancel student debt. What the administration needs now is to see public support.

Watch the short video here. Then, sign the petition: I support canceling $50,000 of student debt per borrower and completely relieving 36 million Americans of the burden of student loans. (If you have student debt, you can also share the impact this would have on you personally. We'll deliver petition signatures and your stories to the White House. You can also call the White House directly after you sign.)

MarketWatch was impressed, running this headline on their story about the hearing: "'It’s time to go big': Warren makes an aggressive push for student debt cancellation."

With your signature -- and your personal story if you have student debt -- we will collectively show the White House that the public needs and is more than ready for bold action on this issue.

Sign the petition: I support canceling $50,000 of student debt per borrower and completely relieving 36 million Americans of the burden of student loans.

Thanks for being a bold progressive.

-- Manju Bangalore, PCCC organizer (@BoldProgressive)

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