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October 25, 2021

U.S. Voters

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Will Biden Cancel ALL Student Debt?!

2 min read

Will the Biden administration cancel all student debt? John Iadarola and Umme Hoque break it down on The Damage Report.

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Read more here: https://www.theguardian.com/money/2021/jan/21/cancel-student-loans-joe-biden

"Thousands of student debtors have launched a campaign urging Joe Biden to enact full student loan cancellation within the first 100 days of his presidency.

The Debt Collective, which has more than 9,300 members, has tapped 100 debtors to be a part of the “the Biden Jubilee 100” – 100 people going on a debt strike, one representing each day during Biden’s first 100 days. Many have over $100,000 of student debt.

“It’s the right thing to do as the first step to ensuring a fairer higher education system,” said the collective in a petition to Biden. “Even before Covid-19, one million new student debtors were defaulting on their student loans every year. Student loans defaults are hitting women, Black, Indigenous and brown borrowers the hardest.”"
Read more here: https://debtcollective.org/

"Alone our debts are a burden. Together they make us powerful. We are a debtors’ union fighting to cancel debts and defend millions of households. Join us to build a world where college is publicly funded, healthcare is universal and housing is guaranteed for all."

#TheDamageReport #JohnIadarola #TheYoungTurks

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