Friend,

Thanks to President Joe Biden’s student debt forgiveness announcement this week, 44 million Americans – including 429,000 Iowans – now have a shot at living their American Dream. 

Folks can buy homes, start their own businesses, plan for a family, and more. We’ve already heard from a few folks about how this announcement will change their lives:

“My family couldn’t help much financially when I went to college so I got all of the scholarships I could and worked two jobs while in college but still ended with nearly $75,000 in student debt. Since I graduated in 2020, I’ve worked two jobs and picked up an occasional freelance gig. All of my bartending tips and extra cash goes towards my student loans but I still have over $45,000 to go. This $10,000 of student loan forgiveness not only helps me pay for my wedding this winter, but the new rules around Income Based Repayment Plans mean I actually have a chance to pay them off, and maybe get a vacation.”

“I graduated college with $12,000 in debt. Since then, I’ve paid nearly $7,000 and still owe about $10,500. (How does that math work?) Thanks to President Biden, I can finally start saving for my future.”

We want to know how student debt forgiveness will affect you and your loved ones, Friend.

Will you be able to start the business you’ve always wanted to? Will your kids be able to move back to their hometown? Will your grandkids get to graduate with a clean slate?

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Make no mistake – this plan is going to change lives. And with Democrats at the steering wheel, we can build on the progress we’ve made and make sure no one is priced out of pursuing their education.

– Team IDP

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