“BREAKING: Biden announces he will eliminate ✨some✨student debt by canceling $10,000 for people earning $125,000 or less per year + additional forgiveness for Pell grant recipients. ⠀ The average debt canceled for businesses that got PPP loans was $95,700.” - @Public_Citizen #Biden will also extend the pause on payments for all borrowers until Dec. 31. ⠀ @TheDebtCollective “Everyone, let’s take 5 minutes to dwell on this fact: ⠀ 20 million beautiful human beings will have $0 of #debt. We’ve moved mountains. Only a few more Himalayas left to go 😀 ⠀ People power did this. Debtors deserve a union. Join: @TheDebtCollective” ⠀ “The cost of #HigherEducation has grown exponentially in the US, placing it out of reach for most students & families unless they agree to take on huge amounts of debt. 45 million Americans carry >$1.7 trillion of student debt. ⠀ This crushing burden is preventing millions from buying homes, starting businesses, saving for retirement, or starting families: & that reality falls heaviest on communities of color – particularly Black people & especially Black women – as a direct result of systemic racism. ⠀ #CancelStudentDebt can help close the racial #WealthGap by >20% – securing financial stability & economic mobility for BIPOC who are disproportionately burdened by loans, & addressing the debt crisis for millions.” - @ACLU_nationwide ⠀ “20 years after taking out student loans, the typical white borrower owes about 5% of their debt. The typical Black borrower owes about 95%. Because of the wealth gap & systemic discrimination, Black students go into more debt & have a harder time paying it.” - @ElizabethWarren ⠀ This is just the beginning, join @TheDebtCollective to continue the fight to cancel ALL #StudentDebt & #MedicalDebt ⠀ ID: 📌