Nonprofit centering the needs and voices of borrowers to end the student debt crisis. A people-powered movement with over 2 million supporters. RTs≠endorsements
BREAKING:
@JoeBiden
says he is unlikely to use executive action to
#cancelstudentdebt
despite unprecedented support from lawmakers, experts, and the public.
“Our entire economy is slowing down due to the
#studentloan
crisis.... An entire generation, which is now becoming one of the largest electorates in America, came of age and never saw American prosperity."
@AOC
gets it. 👏👏👏
STATEMENT: We are disheartened by this news. We resolutely call on President Biden to cancel student debt by any means necessary by utilizing every alternative authority available to him. He must take action before the federal student loan payment pause ends on August 31.
We joined a diverse coalition of 237 civil rights and consumer protection organizations, including the
@NAACP
and several national labor unions, to send a letter to
@JoeBiden
urging him to use executive authority to
#cancelstudentdebt
.
BREAKING:
@POTUS
to extend the pause on federal student loan payments until June 30 or "until after legal challenges to President Joe Biden’s student-debt forgiveness plan are settled."
BREAKING:
@SenWarren
and
@SenSherrodBrown
called on banks and other lenders to temporarily pause all monthly payments and interest on private
#studentloans
, similar to the new benefits available to borrowers of federal student loans.
#BREAKING
:
@POTUS
and GOP
#taxreform
#taxplan
eliminates the student loan interest deduction. We have been fighting to increase the deduction to help families pay for the cost of college - this is movement in the wrong direction!
“If you care about
#studentdebt
cancellation, it is go time for you. You need to mobilize, and now is the time to organize to create the political pressure.”
@AOC
👏👏👏
NEW:
@WHCOS
suggested that
@POTUS
is considering another extension of the pause on student loan payments, and that a
#cancelstudentdebt
plan is very much still on the table.
Senate Majority Leader Chuck Schumer calls on Pres. Biden to extend pause on student loan payments due to emergence of omicron variant.
“Students should not have this burden placed on their shoulders…COVID is still here.”
We agree with
@AOC
👏👏👏 There are 45 million Americans with student loan debt. Ignoring their calls to
#cancelstudentdebt
is bad politically and economically.
“We NEED at least $50k minimum and there is support for 50k. We cannot take no for an answer. This will all come down to public pressure. We have a window to ORGANIZE."
@AOC
We want to be clear: President-elect
@JoeBiden
has the power to
#cancelstudentdebt
on day one. We are organizing a movement urging Joe Biden to do just that.
Will you join us? Sign our
@MoveOn
petition below.
Student debt is a racial justice issue.
Student debt is a gender equity issue.
Student debt is a mental health issue.
Student debt is an economic justice issue.
Student debt is an ISSUE.
We just delivered *1.2 MILLION* petition signatures to
@SenWarren
. Thank you to all students,
#studentloan
borrowers, parents, and allies who made the petition to
#CancelStudentDebt
in response to the
#COVID19
crisis our largest action ever!
BREAKING: Presidential candidate
@JoeBiden
just proposed forgiving all undergraduate federal
#studentloan
debt for borrowers who attended public colleges and universities.
"One of the single most impactful things
@POTUS
can do is pursue student-loan cancellation. It's entirely within his power."
@AOC
and others are warning that not canceling student debt could be a political disaster for
@JoeBiden
.
"Canceling $50,000 of student-loan debt would help tens of millions of Americans, people whose only sin was to be born into a family that couldn't write a check for them to go to school."
@SenWarren
urges
@JoeBiden
to
#cancelstudentdebt
📣📣📣
Military budget: $778 billion
PPP loans forgiven: $662 billion
Tax cut to the rich: $1.7 trillion
= $3.14 trillion
Give me one good reason why we cannot cancel $1.7 trillion in student debt.
WE 👏 ARE 👏 SO 👏CLOSE! This is a major shift from the
@WhiteHouse
which previously said (incorrectly) that
@POTUS
may not have the power to
#cancelstudentdebt
by executive action.