In a letter, more than 220 organizations representing students, workers, and people of color called on President Biden to extend the pause on federal student loan payments set to expire on December 31, 2022, and utilize every legal authority available to enact debt relief.
Following President Biden’s historic student debt cancellation announcement, 26 million borrowers submitted applications for cancellation, and 16 million borrowers have already been approved. Now, overtly political lawsuits are blocking borrowers from relief. Today’s letter outlines how the Biden administration must not require borrowers to re-enter repayment on loans that may be cancellated, and how it must ensure that the promise of cancellation is fulfilled.
Read the Letter: Letter from more than 220 organizations to the Biden administration