[ [link removed] ]Ayanna Pressley


Today would
be a great day for President Biden to cancel student debt.

When he was on the campaign trail, President Biden made a promise to
cancel student debt if elected. And since day one of his presidency,
Ayanna has kept up the pressure on him and his administration to make good
on that promise.

Biden has the opportunity to provide critically-needed relief to more than
45 million Americans who combined hold over $1.8 trillion in student loan
debt. This relief would not only remove an immense economic burden from
the shoulders of millions of people, it would also help stimulate our
economy and put financial power back in the hands of the people.

Legal
experts and progressive leaders like Ayanna agree: the president has the
legal authority to cancel student debt. And he should. [ [link removed] ]If you agree,
will you make a contribution of any amount today to help us keep fighting
for student debt relief? A contribution from you today will send a
powerful message to President Biden that the time to cancel student debt
is now.



[ [link removed] ]Make your contribution



The President has the legal authority to cancel federal student debt
through the 1965 Higher Education Act — the same vehicle that President
Biden has already used to extend the pause on federal student loan
payments twice.

But right now, federal student loan payments are set to restart in January
2022, even though 60 percent of borrowers say they are not financially
secure enough to restart payments and 75 percent say that the payment
pause has been critical to their financial well-being.^1

Student debt cancellation is an economic and racial justice issue. The
communities hit hardest by the pandemic are the same communities holding a
disproportionate amount of student loan debt — Black, brown, and
Indigenous communities; women, and people in low-income communities.

Cancelling student debt would make major strides toward leveling the
playing field for millions of Americans, and would help boost our economy
for all. [ [link removed] ]Will you help us send a message to President Biden that he
must take action now to lift the burden of student debt from millions of
Americans by making a contribution of any amount you can afford to our
movement?

Ayanna and our movement will not let up the pressure on President Biden to
make good on his promise.

The A-Team

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^1 [ [link removed] ]The Nation


 




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