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The Biden administration must cancel student loan debt

The Biden administration must cancel student loan debt

It would increase opportunities for an entire generation to invest in entrepreneurship, retirement accounts, and generational wealth through homeownership.

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Just a https://worldpaydayloans.com/payday-loans-ar/ few classes shy of her bachelor’s degree, my mother made an impossible choice: to continue on or leave college. Facing medical issues, mental illness, and the stress of parenting seven children while homeless, she was struggling – her grades suffered, and she dropped out of the university. When students don’t complete their degree, their student loans cannot be forgiven or canceled, and within six months of leaving school, the first bill arrives. With thousands of dollars in student loan debt and accrued interest, my mother was unable to return to school. While a college degree could have lifted my family from poverty before our conditions spiraled out of control, the cost of her incomplete education compounded it.

I applied to college to reshape the trajectory of my life and graduated from the University of Massachusetts Amherst in 2020. Continue reading The Biden administration must cancel student loan debt