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 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.
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
https://act.moveon.org/go/161657?t=8&akid=320481%2E40999114%2ENHV_7j
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.
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.
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.
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
https://act.moveon.org/go/161388?t=17&akid=320481%2E40999114%2ENHV_7j
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
https://act.moveon.org/go/161389?t=19&akid=320481%2E40999114%2ENHV_7j
Want to support our work? Right-wing groups are spending tens of millions of dollars on TV ads to smear critical progressive legislation. Meanwhile, donations to progressive groups like MoveOn are plummeting now that a Democrat is in the White House, meaning we don’t have the resources to fight back. That's a huge problem, and that's why we urgently need your support.
Will you chip in to fight right-wing lies and pass urgent legislation to confront the multiple crises our country faces?
Click here to chip in $3, or whatever you can afford.
Contributions to MoveOn Civic Action are not tax-deductible for income tax purposes. This email was sent to John xxxxxx on April 6, 2022. To change your email address or update your contact info, click here. MoveOn's privacy policy was recently updated. To read our new privacy policy, click here. To remove yourself from this list, click here.