Dear MoveOn member,
In August, the Biden administration announced a historic student debt cancellation policy, which would transform the lives of tens of millions of borrowers across the country. Despite President Biden possessing the authority to cancel student debt as per the HEROES Act, passed by Congress in 2003, right-wing MAGA Republicans have filed numerous lawsuits challenging the legality of student debt cancellation.
But on November 11, a Trump-appointed federal judge blocked the Biden administration’s historic decision to cancel student debt for tens of millions of borrowers across the country.1
And now, the Biden administration has been forced to stop accepting cancellation applications for debt cancellation.
While the case is currently being appealed to a higher court, student loan debt cancellation appears to be in jeopardy.
In trying to kill this program, Republicans and their right-wing minions are trying to deny critical relief for tens of millions of families that are suffering, every single day, under the crushing weight of student loan debt. This is absolutely unfathomable, and that’s why we’re demanding that they drop all litigation regarding student debt cancellation.
Loan payments are set to resume in January 2023, but it's critical that loan payments remain suspended, especially as the cancellation program remains in flux. That's why we’re also calling on the Biden administration to extend the student loan payment pause indefinitely.
Thanks!
–Arvin, Nakia, Jaira, Jensine, and the rest of the team
Source:
1. "Federal appeals court blocks Biden student debt relief program nationwide," CNBC, November 14, 2022
https://act.moveon.org/go/169695?t=5&akid=338559%2E40999114%2EwYKZ7M
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