If the Biden Administration Were Serious About Racial Justice, They Would Cancel Student Debt

R&I – FS

Liz King, director of education equity for the Leadership Conference on Civil and Human 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:

“Student loan debt is a barrier to homeownership and the financial stability it can provide, it’s a barrier to higher education for the next generation, and it is a daily weight for people who are already shut out of so much economic opportunity. After decades of policies that privilege generational wealth and compound the effects of economic inequality, student loan debt cancellation provides a clear and direct opportunity to interrupt that cycle and begin to get things on a more equitable track.”

…“The Biden Administration can pretend to have their hands tied by Congress, but student debt could be wiped out with the stroke of a pen. It’s too late for me. I’ll be paying this debt back for the rest of my life. I have hope, however, that we can still radically alter the way our higher education system works and the way we access it. We must. If we don’t, it will become as useless as the youngest generations have come to believe after years of jaded experience. Maybe it already has. But maybe, even though I’m stuck inside the burning house, I can help extinguish the fire.” — Marissa, 25, Ohio

Article URL : https://www.cosmopolitan.com/politics/a36610505/cancel-student-debt-racial-justice-biden/

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