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To say that the Biden administration inherited a slew of major issues when they took office in ong them is the student debt crisis, which is estimated to be approximately $step 1.six trillion bucks these days. When President Biden and Vice President Harris were sworn in, they vowed to erase student loans-but now weeks has enacted without changes. And for every day of inaction, present and former students are drowning in debt and demanding the administration give loan forgiveness the gravity it deserves.
Liz King, manager out-of studies security for the Leaders Conference toward Civil and you will Peoples Rights, says it’s a symptom of our broken system of higher education, particularly for students of color. “As we wrestle with deep structural inequalities and the significant harms of a global pandemic, student debt forgiveness provides a clear path to support families and racial equity,” King tells Cosmopolitan, before elaborating:
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