Opinion | No Half Measures—Biden Needs to Cancel All Student Loan Debt

On September 1, 2021, Hurricane Ida hit Southeast Louisiana, temporarily displacing thousands of New Orleans residents, including myself and most of my family. Residents who had the means evacuated early, leaving others to fight for limited resources while simultaneously seeking refuge in neighboring cities. On top of their pre-existing bills, evacuees were forced to front the costs of hotels, food, gas and repairs or even replacement of their own homes.

As many families do, we act as a mutual aid network, sharing resources and money as it comes. When one of us is down, we all chip in to help. And when one of us is up, the wealth is shared. My mother and I both hold tens of thousands of dollars in student loan debt, so this pause has enabled us to financially assist my grandmother and father who are both on fixed incomes.

All winter long, we built alliances with national and local organizations, organized buses, and crafted plans for debtor's assemblies across the country. Our action on April 4 brought together a broad coalition of debtors and allies, who gathered in front of the Eisenhower Memorial near the Department of Education to proclaim that student loan debt is a crisis that disproportionately affects low-income borrowers, Black and Brown borrowers, and first-generation college students.

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These ppl were lied to being told once they graduate, they will earn enough to be able to pay it back! And college costs were not controlled- admin salaries ballooned as students came w/fresh money from loans. It was a racket that is now coming home to roost. CancelStudentLoans

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Here's who could benefit if Biden cancels $10,000 in student loan debt per borrowerPresident Biden is taking a 'hard look' at canceling some federal student loan debt, but even a broad forgiveness plan may leave out some borrowers. Won't colleges just jack up tuition rates even more?🤔 Oh for crying out loud: make it easy. Forgive it all. No need to make it complicated at all. A hard look for the last year….
Source: ABC7Chicago - 🏆 284. / 63 Read more »

Here's who could benefit if Biden cancels $10,000 in student loan debt per borrowerExcluding borrowers who earn more than a certain amount is one way Biden could narrow student debt relief. Losers who don't pay their debts Seriously one of the worst ideas from a bad list of ideas. The least progressive policy. Make people who didn't go to college pay for those who did.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »

Here's who could benefit if Biden cancels $10,000 in student loan debt per borrowerExcluding borrowers who earn more than a certain amount is one way Biden could narrow student debt relief. So can I go back to school for free this time? I'm confused But remember , forgiven loan is considered an income . The 10K is taxable Nothing is truly free in life. Taxpayers will end up paying for this.
Source: ABC7 - 🏆 67. / 68 Read more »

Don’t Be Stingy, President Biden. Forgive As Much Student Loan Debt As Possible.Biden owes Black voters more than he’s offered and this is one way to make a more meaningful impact in a tangible way.
Source: HuffPostWomen - 🏆 27. / 68 Read more »