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[1]Bowman for Congress

 

 

John,

President Biden finally took action — canceling up to $20,000 for Pell
Grant recipients and $10,000 for non-Pell Grant recipients. Borrowers who
earn less than $125,000 per year and households earning less than $250,000
are eligible to have their loans canceled. This plan also caps loan
repayments at 5% of monthly income for those with undergraduate debt, and
the pause on repayments will be extended to the end of the year.

For decades, we've shackled college students with debt — and this is
finally a step in the right direction. Our pressure campaign worked. This
victory was won by the movement of countless activists, organizers,
organizations, and progressive elected officials who have pushed the
president relentlessly to take action.

Today we can celebrate this win, but tomorrow we must keep up the pressure
to build on this victory and win more.

[ [link removed] ]I am committed to continue fighting for further student loan
forgiveness, and if you are with me, please contribute to our campaign
today.



[ [link removed] ]Donate $3 »



Too many people can't afford to live, and the massive burden of student
loans makes the problem worse. Our economy is still in recovery, and even
though jobs numbers are up, they are up less for the Black and brown
communities. Even some seniors still struggle with student loan debt into
their sixties and seventies.

And means-testing debt relief by capping income for loan holders ignores
the fact that those with loans already were means-tested through FAFSA to
get the loans in the first place.

That's why we have to push for more. If we build on this victory with more
action on loan forgiveness, we can stimulate the economy, make a huge dent
in the racial wealth gap, and help those who are struggling. [ [link removed] ]I'll keep
fighting for more student loan relief in Congress — so if you can today,
make a contribution to help keep me there.

Peace and love,

Jamaal Bowman
 




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