Does this look familiar?
If you’ve received one of these emails from the Department of Education, then you’re already well-aware of the impending end to the emergency payment pause on federal student loans.
In less than 100 days federal student loan payments are set to restart, 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
Legal experts and progressive leaders like Ayanna agree: the President has the legal authority to cancel student debt. And he should.
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.
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.
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.
Thank you for your support today,
The A-Team
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Paid for by the Committee to Elect Ayanna Pressley
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