From PCCC (Bold Progressives) <[email protected]>
Subject TIMELINE: Student debt history, from Warren to Biden
Date August 23, 2022 9:46 PM
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With a student debt announcement imminent, remind the White House how we
got here.

[ [link removed] ]RT our Student Debt Twitter Timeline.

[2]TIMELINE: Student debt history, from Warren to Biden.

Reports are swirling about an imminent announcement on student debt
cancellation!

Conservatives and powerful corporate interests are trying to goad Biden
and the White House away from boldness by launching a barrage of
misleading attacks.

They know that bold action by the White House that liberates millions of
people from the downward spiral of debt could also unleash millions of new
votes for Democrats in 2022 -- while timid action will do less.

We're fighting back by reminding the White House that cancelling student
debt represents Democratic UNITY around POPULAR ideas. See our timeline
below of how it became so popular -- from Senator Warren introducing the
idea to candidate Joe Biden campaigning on it.

You can help. Forward this email to others and [ [link removed] ]click here to RT our
Twitter timeline below so voters, reporters, and the White House get the
reminder. 

And, [ [link removed] ]chip in here to P Street, our progressive lobbying shop that has
been working behind the scenes to get this done.

TIMELINE -- CANCEL STUDENT DEBT:

[ [link removed] ]April 22, 2019: Elizabeth Warren unveiled her bold plan to cancel
student debt during her 2020 presidential campaign.

[ [link removed] ]May 8, 2019: Her plan was [ [link removed] ]received positively by millions of
Americans, with Morning Consult reporting on polls showing [ [link removed] ]"Voters
Favor Warren’s Student Debt Plan — Including Those Who Never Had Such
Loans."

[ [link removed] ]March 14, 2020: Shortly after Sen. Warren withdrew from the race,
[ [link removed] ]Joe Biden adopted her popular student loan cancellation policy.
Specifically, he promised to cancel "a minimum of $10,000 of student debt
per person, as proposed by Senator Warren."

[ [link removed] ]March 19, 2020: Sen. Warren and colleagues unveil a bold plan to
cancel student loan payments for the duration of the Coronavirus emergency
and provide a minimum $10K payoff for all federal student loan borrowers

[ [link removed] ]September 17, 2020: Senator Chuck Schumer endorsed Sen. Warren’s
proposal and actively joined Warren in lobbying the Biden administration
to be bold.

[ [link removed] ]March 6, 2021: Senator Warren and Senator Menendez’s Student Loan Tax
Relief Act passes, ensuring that millions of borrowers won’t face a
surprise tax bill if their loans are cancelled.

[ [link removed] ]April 1, 2021: The White House asked Education Secretary Miguel
Cardona for a memo on the legal authority President Biden has to cancel up
to $50,000 in student loan debt.

[ [link removed] ]May 3, 2021: The Biden Administration appointed Warren ally and former
director of the Consumer Financial Protection Bureau, Richard Cordray, to
be the Chief Operating Officer of Federal Student Aid.

[ [link removed] ]April 26, 2022: President Biden signaled that the administration was
open to $10,000 of student loan debt cancellation. Those in the meeting
said that Biden was “incredibly positive” about canceling student debt.

[ [link removed] ]June 1, 2022: President Biden canceled all remaining loans for 560,000
student loan borrowers who attended Corinthian College between 1995 to
when it closed in 2015.

[ [link removed] ]August 10, 2022: It became public that the White House met with
student debt activists and advocacy groups, including PCCC’s sister
organization P Street, to listen to ideas that they have regarding student
loans. White House Press Secretary Karine Jean-Pierre said President Biden
will "[ [link removed] ]have something by August 31."

[ [link removed] ]Click here to RT our Twitter thread.

And, [ [link removed] ]chip in here to our government relations shop -- P Street -- to
support their continuing work pushing progressive issues in DC.

Thanks for being a bold progressive.

-- The PCCC Team ([ [link removed] ]@BoldProgressive)

 

 

 


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