“The student debt crisis is yet another example of the deep and structural racial injustice at that heart of our economy. It prevents Black and Brown families from building wealth and economic power and has undermined the fundamental goal of higher education as a public good."
Press release
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Two Students in College Graduation Cap and Gown with Dollar Signs on the Cap
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.
Blog
Mark Huelsman
“Student debt is both a cause and a consequence of the racial wealth gap."
In the media
Jarrell Dillard
“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."
In the media
Andrew Kreighbaum
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Empty chairs in a college classroom
Now is the perfect time to talk about the federal government making a firm, durable guarantee of free or affordable college to all students.
Blog
Mark Huelsman
"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."
In the media
Jill Berman
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%.
In the media
Dayana Yochim
“The inequality between the haves and the have-nots is going to grow even more.”
In the media
Jillian Berman
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.
In the media
Jillian Berman
Over 100 community, civil rights, consumer, and student advocacy organizations urge House and Senate leadership to insist on student debt cancellation for all borrowers during negotiations over the next coronavirus relief package.
Testimony and Public Comment