
Biden’s Debt Cancellation Plan Is a Step Forward on the Racial Wealth Divide
Black students have had to take out larger loans and faced greater difficulty paying them back than other borrowers.
Black students have had to take out larger loans and faced greater difficulty paying them back than other borrowers.
Even writing off every penny of student debt would cost less than Trump’s tax giveaways for corporations and the rich.
Executive action to cancel $50,000 in student loan debt would increase Black wealth by 40 percent.
Presidential executive action to cancel up to $50,000 in student debts would increase Black wealth by 40 percent.
Lifting these financial burdens would help individual debt holders meet daily needs, reduce the racial wealth gap, and give a boost to the national economy.
Lifting student debt burdens would particularly benefit people of color, while giving the economy a major boost.
As the coronavirus crisis morphs into a full-on global pandemic, the sorry state of the United States’ social safety net is fully exposed.
Investing in student debt relief would have a democratizing effect for young people and median earners, while also boosting the economy.
The NCAA brings in more than a billion dollars in revenue annually. Meanwhile, college athletes struggle to make ends meet. California wants to change that.
Graduate students aren’t just mobilizing against the NLRB. They’re demanding democracy in their workplace.
Millennials suffer stagnant wages and high expenses in an economy not designed for them — but there’s hope.
Billionaires have become a protected class, employing the brightest graduates to defend and multiply their assets and privileges. Don’t help them exacerbate inequality.
Can you imagine being 22 and having $150,000 in debt? This is generational abuse.
America’s largest state once offered residents a world-class, debt-free college education. It could again, and so could your state.
While millions of students rack up college debt and gain no skills, millions of high-paying trade jobs sit empty.