A collection of contributions from leading student loan experts offering a roadmap for the Biden administration to take immediate action to cancel student debt for millions of Americans.
An executive action for student debt cancellation would provide much needed economic relief to millions of Black and Latinx families in order to avoid financial catastrophe during the continuing global pandemic.
“This is a microcosm of many intra-progressive, intra-left policy debates—whether it’s better to do something universal and achieve something with relative ease or ensure that only those struggling by some definition get relief."
Gulf Coast communities face the same environmental and racial injustices they faced during Hurricane Katrina—except now with the overlapping crises of COVID-19, economic collapse, and uprisings for Black Lives. Policy change must undo this injustice.
"Imagine any financial transaction you make and someone says the price of this thing is $100,000, but you are very likely to pay nothing, but first you have to fill out all these forms."
This platform proposes a set of actions the executive branch can take to equitably address the climate crisis without new legislation, major new appropriations, or other Congressional authority.
The policy platform outlines actions that address environmental justice, just recovery from disasters, equity accounting in climate policy, and energy democracy.
Rather than cutting funds for public needs while allowing police budgets to swell, cities, states, and the federal government must shift funding to the real priorities of communities.
It is time for colleges, states, and the federal government to prove their commitment to Black students with policy action—not just well-meaning statements and gestures.
12 years after entering college, white men have paid off 44% of their student-loan balance on average, according to an analysis released last year by Demos, a left-leaning think tank.
Twelve years after starting college, white men have paid off 44% of their student loan balances on average, while black men saw their balances grow by 11%, according to an analysis from Demos.
Twelve years after starting college, the white female borrower has paid off 72% of her loan balance. Over the same time period, the typical Black female borrower's balance has grown by 13%.
The Postal Service faces a $13 billion revenue loss this fiscal year alone; If the Postal Service is allowed to fail, it will be a tremendous blow to all Americans.