[1]Pramila Jayapal

John,

President Biden just announced that he will cancel $10,000 - $20,000 of
student loan debt for folks making less than $125K a year. He also
extended the pause on student loan payments through the end of the year.

Canceling student loan debt will give financial relief to 45 million
Americans, jumpstart our economy, and create a million jobs. It’s an
economic, gender, and racial justice issue. President Biden’s executive
action is a major step in the right direction, but it’s not enough.

Student loan debt disproportionately impacts Black and brown folks. Women
hold nearly 2/3 of the trillions in student debt. 1 out of every 5 people
that carry crushing loan debt are over 50 years old. If we’re serious
about alleviating the economic weight of student debt on so many
Americans, the answer is canceling every dollar of student loan debt.

[ [link removed] ]Pramila will continue her fight to cancel ALL student loan debt. Are
you with her? Chip in $3 to fuel the work today, so Pramila
can continue the fight for the people, for a better future for all, and
for economic, social, and racial justice in America.



[ [link removed] ]Contribute



The President’s decision will give $20,000 of relief to Pell grant
recipients and $10,000 to others — for folks who meet the income
thresholds. It will also cap loan payments at 5% of monthly income. It’s a
big deal, and we’re grateful the President is using his power after the
Congressional Progressive Caucus advocated for student debt cancellation.

But we must remember this decision will not end the burden of student loan
debt for millions of people.

We know canceling student loan debt will help the economy. We know it will
provide hope to people across this country. We know it is the right thing
to do. And it's something that is universally popular, not just with
Democrats, but with independents and Republicans.

[ [link removed] ]Fuel Pramila’s fight to cancel every penny of student loan debt today
with a donation of $3 or anything at all. We can go even
bigger for the people.

We can, and must, get this done.

In solidarity,

Team Jayapal


 


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