On behalf of more than 1.2 million student loan borrowers with nearly $50B in student debt, a coalition of 20 cities and counties sent a letter to President Biden applauding him for his plan to use the Higher Education Act to enact a new broad student debt relief plan. The local elected leaders call on the President to swiftly deliver on his promised relief, alleviating the enormous negative impacts on individual borrowers, families, and local economies wrought by the out-of-control $1.7 trillion student debt crisis.
Read the Letter: Cities and Counties Urge President Biden to Take Swift Action to Provide Student Debt Relief
Read the Press Release: 20 Cities and Counties Call on President Biden to Swiftly Deliver Promised Debt Relief, Protect Borrowers and Communities on the Front Lines of the Student Debt Crisis