Tell President Biden: We demand that you cancel at least $50,000 of federal student loan debt. | Biden campaigned on the promise of canceling student loan debt—will you sign the petition demanding he stick to his word? Over 45 million Americans hold more than $1.7 trillion in student loan debt—numbers that are only growing. Under pressure from progressive activists, Biden has repeatedly pledged to address this crisis with a forgiveness plan. Biden can sign an executive order to cancel student loan debt at any moment—which is why we can't let him off the hook. Will you join us in demanding that Biden take on the student debt crisis? Sign the petition: Tell Biden to use his authority to cancel at least $50,000 of federal student loan debt! The cost of a college degree has skyrocketed over the past 40 years, prior to which higher education was free or low-cost. A recent study reports that college tuition is increasing at eight times the rate of wages. Today's student loan debt crisis has its roots in racist policies of the Reagan administration, which began the long-term project of cutting federal education spending. Now, college students are confronted with quantities of debt like no generation before them. Nobody should be burdened with huge debts just to get a college degree. But that's the status quo in America, limiting the economic opportunities for generations of Americans—unless Biden follows through on his promises. We need to urge him to act. Sign the petition: Biden must use his executive authority to cancel at least $50,000 of federal student loan debt now! Thanks, Team Progress |
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