After months of dragging his feet, Biden has finally announced his plan of debt cancellation: up to $10,000 for borrowers with incomes under $125,000 a year and up to $20,000 of cancellation for Pell grant recipients.
We know this is far from what justice demands – to close the racial wealth gap, to unchain generations of indebted families, to actually have a reparative higher education policy. We know the road ahead is long, with much much more work to do.
Please join our Jubilee Hour on Thursday, August 25th from 7:30-8:30PM EST. We will gather to take a moment to bask in how far we’ve come, and point out the horizons we’re still marching towards. Biden didn’t do this — WE did.