Student Debt Cancellation IS Progressive
In the United States today, more than 45 million people collectively owe $1.73 trillion in student debt, with the burden of this debt disproportionately falling on Black and Latinx students.
The solution is simple, and progressive: cancel student debt.
As a recent Roosevelt issue brief found, broad-based federal student debt cancellation would most benefit those with the fewest economic resources, particularly Black and Latinx borrowers, and would operate as an effective tool to grow the Black middle class.
Learn more in this fact sheet.
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