From Ro Khanna <[email protected]>
Subject Forgiving student loan debt is just the beginning
Date September 12, 2022 5:03 PM
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[1]Ro Khanna

Friend,

Throughout the pandemic, the federal government has repeatedly paused
student loan payments. This has given borrowers a fresh start, allowing
them to seek better-paying jobs, withstand this year’s record inflation,
and contribute to the economy as we bounce back.

[ [link removed] ]Now President Biden has gone a step further forgiving up to $10,000 of
student loan debt for  individuals making less than $125,000 (or married
couples making less than $250,000). The administration will also be
cutting monthly student debt payments in half, capping them at 5 percent
of a person of a borrower’s discretionary income, and significantly
increasing Pell Grants.

This is the right thing to do to give people a fair start in life, but we
need to do more. The College for All Act will benefit our nation by making
two- and four-year public colleges and universities tuition-free.
Furthermore, the bill will erase those trillion-plus dollars in student
debt through a tax on Wall Street, providing relief to millions of people
and setting them on a path to success.

[ [link removed] ]Sign if you agree: Congress must pass the College for All Act.

Higher education should be a right, not a privilege. And we must ensure
that those who better themselves – and their communities – are not saddled
with crippling debt.

In solidarity,
Ro Khanna


 


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