Lawmakers Call On Biden To Cancel $50,000 Of Student Debt Immediately

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Rep. Ayanna Pressley called the debt crisis EXACTLY what it is: 'Consequences of generations of systemic racism and discrimination.'

"Canceling student loan debt is the single most effective executive action that President Biden can take to kick start this economy," said Sen. Warren. The Higher Education Act of 1965 gives the president the authority to forgive student loan debt by issuing an executive order, and the Biden administration has signaled that they are open to the idea.

"Let me be clear — the student debt crisis has always been a racial and economic justice issue," she said."But for too long, the narrative has excluded Black and Latinx communities and the ways in which this debt has exacerbated deeply entrenched racial and economic inequities in our nation. These disparities didn't just magically occur.

Over 50 House members are currently cosponsoring this resolution, showing the growing momentum behind student debt cancellation."This is the moment of reckoning, and the president must heed our calls," said Pressley.

 

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lol yeah keep enabling poor life decisions....

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