John -- President Biden made an explicit, clear promise on the campaign trail last year: Cancel at least $10,000 of federal student loan debt per student.
Nearly one year into his presidency, that promise remains unfulfilled. The federal government “paused” student loan payments at the start of the pandemic. Now the Biden administration is moving full steam ahead to force people back into paying these unpayable loans.
Just look at this loan balance posted by a user on Twitter. This is not satire. This is real.
Forcing people to stay locked into these predatory loans is not just bad politics, John, it’s terrible economics.
Pausing student loan payments gave our economy an instant boost that (along with other government subsidies) kept us afloat these last two years.
That’s exactly why experts have for YEARS called for total student debt forgiveness.
And John, President Biden could forgive it all. Right now. With the stroke of a pen.
But if Biden won’t do it, then Congress must. That’s why BNC organizes to recruit, train, and elect working-class progressives who are committed to canceling student debt and making college and trade school free for ALL.
Our first election of 2022 is less than a month away. Pitch in now to make sure we have the resources to win big next year! If you've saved your payment information with ActBlue Express, your donation will go through immediately: Two years ago then-candidate Joe Biden said, “Paying off your kids’ student loan debt can feel overwhelming. We need a president who understands that.”
Well, Mr. President, we still do.
BNC has a major fundraising deadline in just a couple of weeks. With the holidays ahead, we know contributions are going to slow down, so it’s really important for us to get ahead right now.
Adrienne Bell
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