Posted 11 days ago
Hundreds of groups have sent a letter to President-Elect Joe Biden urging him to “cancel” student loan debt for borrowers on his first day in the Oval Office.
Around 240 organizations have signed on to the letter, which notes that Biden could enact the policy through executive action to help 44 million Americans.
“Cancelling student debt would disproportionately help borrowers of color, respond to the coronavirus crisis, and provide much needed economic relief and stimulus,” the letter read. “We call on you to deliver on the promise of the Biden-Harris Racial Economic Equity plan by cancelling federal student debt by executive action on Day One of your administration.”
Signees included the American Federation of Teachers, National Education Association, The Education Trust, Hispanic Federation and NAACP.... (Read more)