Dear MoveOn member,
Great news! The Biden White House has announced an extension to the
student debt payment pause—it is now set to last until August 31.^1
This is further proof that MoveOn member mobilization works. Over the last
several months, hundreds of thousands of MoveOn members have taken action,
along with progressive allies such as the Debt Collective and the Student
Debt Crisis Center. Together, we've demanded that the Biden administration
provide immediate and long-term relief to the millions of people buried
under student debt.
And while it's important to celebrate this moment, it's also important to
acknowledge that August 31 is less than four months away—and that's not
nearly enough time to fix our broken student loan system. It's clear that
student borrowers desperately need permanent debt relief from this
administration, so we can't let up the pressure.
If you're a federal student loan borrower with debt, please share your
story. You can call [ tel:833-933-0208 ]833-933-0208 and leave a brief message with your
first name, your state, and, if you're willing to share, how much student
loan debt you owe. You can share how you've benefited from two years of
freedom from federal loan payments, and what debt cancellation would mean
to you.
MoveOn may share your message with key stakeholders in Congress and the
Biden administration, so that they know how their actions can impact
millions. Your message may also be shared with fellow members online, to
inspire more people to join the movement for student debt relief.
[ [link removed] ]You can also take action right now by clicking here to join nearly
80,000 MoveOn members who have signed a petition demanding that President
Biden continue to pause student loan payments! (And if you're one of the
80,000 folks who have already signed, thank you! Please use this
opportunity to share this petition with friends and family!)
Thanks for all you do.
–Arvin, Jaira, Sara, Liz, and the rest of the team
P.S. Check out our email about this issue from just a few days ago. This
was before President Biden's announcement—a reminder that the advocacy of
all of us and so many allies really works!
Source:
1. "White House to extend student loan pause through August," Associated
Press, April 5, 2022
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[ [link removed] ]Sign the petition: President Biden must not resume student loan payment
collection!
Dear MoveOn member,
The student debt payment pause, which has meant so much to millions of
Americans, is about to expire! It's provided a critical lifeline for
millions of Americans over the last two years—but it’s set to end in
nearly one month, on May 1.^1
For millions of student borrowers across the country, it’s been over two
years since their last federal student loan payment. Since March of 2020,
a federal student loan payment pause has been in effect in order to
support borrowers through a series of unprecedented economic crises fueled
by the COVID-19 pandemic.
[ [link removed] ]It’s clear that ending the student loan payment pause and restarting
payments would be a disastrous decision. Sign this petition urging the
Biden administration not to restart loan payments on May 1!
Tell the Biden Administration: Don't restart student loan payments!
[5]Sign the petition
Millions of student loan borrowers are trapped in exploitative loan
arrangements, with sky-high interest rates and little hope of ever
paying off their debt—and they can’t afford to restart payments anytime in
the foreseeable future.^2 While the for-profit lenders are getting richer,
millions of Americans reach middle age locked into perpetual debt. It
would be cruel (and, not to mention, politically reckless) to resume
payments, especially as we continue to grapple with the ongoing inflation
crisis on a daily basis.
[ [link removed] ]Borrowers can’t afford to resume student loan payments. Demand that the
Biden administration extend the payment pause indefinitely!
Continuing the pause on federal student loan payments is an important
investment in Americans' financial lives. Not only has it provided
critical relief for millions of people, it’s given them a degree of
financial freedom to pay rent or purchase homes, afford health care or
medicine, start small businesses, and support their families.
[ [link removed] ]Call on the Biden administration to extend the student loan payment
pause indefinitely!
Thanks for all you do.
–Arvin, Isbah, Jaira, Jenn, and the rest of the team
Sources:
1. "Democrats press Biden to extend freeze on student loan payments," The
Hill, March 23, 2022
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2. "I’ve Spent $60,000 to Pay Back Student Loans and Owe More Than Before
I Began," The New York Times, March 18, 2021
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