News about Biden, student loan

Since October of 2021, we’ve fought for over $184.9 million in public service loan forgiveness for 2,320 people in our NY-16 community! In Congress, I’m going to keep fighting for student debt cancellation for all to put money back in people’s pockets.

Student debt cancellation is a racial and economic justice issue. Black and brown borrowers on average have much higher student debt burdens than white borrowers. We need to keep pushing to cancel every last cent of student debt.

Today, the @CFPB took action against National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency (@PHEAAaid) for multi-year servicing failures. www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-to-require-national-collegiate-student-loan-trusts-and-pennsylvania-higher-education-assistance-agency-to-pay-more-than-5-million-for-student-loan-servicing-failures/ pic.twitter.com/RE1L7QouRC

Cancelling student debt is a big step toward gender equity.