The NAACP, joined by other advocates, said it would march to the White House Friday after the Supreme Court blocked a plan that would’ve forgiven at least some student-loan debt for up to 43 million U.S. borrowers while totally canceling the full remaining balances for about 20 million, by one estimate.
“The Supreme Court’s decision to strike down the President’s student debt program is a clear disregard for what millions of Americans need — especially Black Americans,” NAACP President and CEO Derrick Johnson said in a statement Friday. “Despite today’s upsetting ruling, we demand that the Biden Administration delivers on the promise of student loan debt relief. Education has long been regarded as a path toward generational wealth, economic liberation, and securing the American dream.
In initially announcing the student-debt-forgiveness plan last August, the White House hailed the move as an advancement toward racial equity because it targeted the greatest amount of relief to borrowers who took out Pell grants, which Black borrowers are twice as likely to have received compared to white borrowers, the administration said in a fact sheet at the time.
“It is devastating that the cries of Black Americans continue to fall on deaf ears. Students, teachers, parents and politicians have repeatedly demanded relief from the crushing weight of student debt — and this government refuses to listen,” Wisdom Cole, the NAACP’s national director of youth and college, said in a statement.
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