ACLU Applauds Biden Administration for Canceling for Student Debt
WASHINGTON — President Biden used executive authority today to cancel up to $20,000 in federal student loan debt for Pell Grant borrowers and $10,000 if you didn’t receive Pell Grants. Currently, more than 40 million Americans hold more than $1.6 trillion in federal student loan debt.
The following comment is from Carlos Moreno, ACLU senior campaign strategist:
“We commend President Biden for upholding his promise to cancel student debt. Millions of Americans are impacted by the student debt crisis, and this debt burden falls heaviest on Black Americans — especially Black women. Student debt cancellation will help secure financial stability and mobility for people of color — particularly Black Americans — who are disproportionately burdened with student debt while providing immediate financial relief and peace of mind for millions of Americans.”
Stay Informed
Sign up to be the first to hear about how to take action.