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Alexandria Ocasio-Cortez for Congress

Alexandria joined Instagram users last week for an Ask Me Anything session where someone asked “How does canceling student debt help us who paid their loans?”

Here’s how she responded:

AOC: Happy Saturday! ask me anything. Anonymous question: How does canceling studennt debt help us who paid their loans? AOC: I’ve said it before and I’ll say it again: Not every program has to be for everybody. People with apartments pay for first time homeowner benefits. Young people pay for Medicare for our seniors. People who take public transit pay for car infrastructure. Maybe student loan forgiveness doesn’t impact you. That doesn’t make it bad. I am sure there are certainly other things that student loan borrowers’ taxes pay for. We can do good things and reject the scarcity mindset that says doing something good for someone else comes at the cost of something for ourselves. An example: If a person is blessed enough to be in a position to have paid off their loans, maybe they have a home now and benefitted from first time homeowners programs that people crushed by student loans help subsidize when they aren’t able to buy a home because of student debt. It all comes around. It’s okay. We can support things we won’t directly benefit from.

Alexandria has made student debt a key priority – she shared her own student debt story on the House floor, has repeatedly called on Biden to use this executive order to cancel student debt, and co-sponsored the resolution with Sen. Warren and other colleagues to cancel up to $50,000 in federal student loan debt for borrowers.1

Last year, we asked you to share your stories of how student loan debt impacts you and your families. The stories we received were heartbreaking reminders of the cruel and painful burden of student loans.

We have seen the benefits that student loan cancellation can have since the emergency COVID-19 forbearance went into effect two years ago. The forbearance has given people the breathing room to take care of their families and to start investing in their futures.

No person should have to go into lifelong debt in order to get an education. It’s wrong. It’s backwards. And, it doesn’t help us as a country.

— Team AOC

Our movement will not stop fighting for student debt cancellation.

If you’re able to, please chip in $3 so we can mobilize more people and keep the pressure on President Biden to finally end the student loan crisis and cancel student loan debt for all.

Contribute $3



 

1 - Elizabeth Warren