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Indivisibles,

On Monday, at a meeting with the Congressional Hispanic Caucus, President
Biden affirmed that he was looking at options to forgive some amount of
federal student loan debt ([ [link removed] ]here’s coverage), a step forward from his
previous actions to pause payments.

This is big! If we have President Biden’s back, and push him to go even
further, it will be a huge win.

From the beginning of our Let’s Go Joe campaign, we have highlighted the
need to cancel at least $50,000 in federal student debt for all borrowers.
This is an economic justice issue. This is a racial justice issue. Black
college graduates, on average, owe $25,000 more than white college
graduates and hold $52,000 in student debt ([ [link removed] ]check this report by the
Educational Data Initiative). Student debt relief would fundamentally
change the quality of life for millions of Americans.

Here’s the catch: President Biden has previously indicated support for
canceling just $10,000 in student debt. This is a great start but it is
not enough.

We need President Biden to take bold executive action to address the
student debt crisis. We can’t afford to hedge small. [ [link removed] ]This analysis from
the Roosevelt Institute (PDF) shows that increasing the amount of debt
forgiveness from $10k to $50k results in huge benefits for lower- and
middle-wealth households, while providing nearly no additional benefit to
the wealthiest Americans (surprise, rich people don't have student debt!).

Now is the time to make our voices heard to ensure President Biden doesn’t
go small: 

 1. [ [link removed] ]Donate $10 to Indivisible. In moments like this, where we have a
strong opportunity to make an impact immediately, we have to jump into
action: sending texts and emails like this one to get activists the
info they need, keeping our call and email tools online and up to
date, monitoring the newest developments, and more. Grassroots support
is what makes all that possible. If you can, chip in right now to fund
that work.
 2. If your representative is a Democrat, [ [link removed] ]click here to call and urge
them to tell Biden to cancel at least $50,000 in federal student loan
debt. We need to pressure our representatives to remind Biden that the
time is now for bold action.
 3. If you have a Democratic senator, [ [link removed] ]click here to call now and urge
them to tell Biden to cancel at least $50,000 in federal student loan
debt. Our senators need to speak up for the roughly 80% of borrowers
who would become debt-free from a $50,000 relief target.
 4. If you live in a red state or do not have congressional
representation, [ [link removed] ]click here to call the White House comment line to
urge President Biden to go big and cancel at least $50,000 in federal
student loan debt. Let’s make sure the White House hears directly from
the people that $50,000 of relief is what we need. 

This is an exciting moment -- we need to cheer Biden into being even
bolder. We have the possibility of influencing debt relief that will have
lasting effects for 45 million Americans! Let’s take advantage of this
opportunity, lock-in a $50,000 relief minimum, and take a massive step
together towards ending the student debt crisis. 

In solidarity, 
Indivisible Team

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