Thursday, August 25, 2022

Your reactions to student debt cancellation

We got here because we fought for it, Danielle. Because we organized and raised our voices to get it done.
Warren Democrats

Danielle,

Yesterday was a great day.

President Biden took historic action to cancel up to $20,000 of student debt for eligible borrowers.

This means about 20 million Americans will never have to make another student loan payment. Another 23 million Americans will experience significant relief. And a new income-determined repayment plan will slash monthly costs and keep interest from piling up for people making payments.

We got here because we fought for it, Danielle. Because we organized and raised our voices to get it done.

Now I want to ask you: How does this policy affect you, Danielle? Please fill in this quick form to share your story and let me know what this student debt cancellation plan is going to do for you.

By taking this step, President Biden is helping working people who are struggling with rising costs. He's freeing people up to buy homes or start new businesses or start families. And he's helping narrow the racial wealth gap for borrowers. It's a big step forward.

Of course, I will keep fighting for more transformative policies like this. And at the same time, it's important to take a moment to celebrate the wins along the way in our fight for big, structural change.

This policy is life-changing for tens of millions of working people. But this isn't just about big, abstract numbers — this is about all the individual people who have new stories to tell about what's possible. And I want to zoom in on those stories.

So Danielle, please let me know: What does this policy mean for you and your loved ones? I would love to hear from you.

Thanks for being a part of this,

Elizabeth

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