by M. Anthony Davis
At President Biden’s recent town hall, he was asked a direct question by a voter, who is currently in federal student loan debt, about Biden’s plans regarding the forgiveness of at least $50,000 in student loan debt. Biden gave a straightforward “no” in answer in a response in which he suggested the funds should be used to support early education instead, and he went on to describe his reluctance to assist Americans who have degrees from elite institutions. Biden did reiterate his commitment to free community college.
The student asked the president: “The American dream is to succeed — but how can we fulfill that dream when debt is many people’s only option for a degree?” This statement stands out to me. As a Black American, I know many graduates, who like myself, were forced to take on student loans in pursuit of a degree that would hopefully set us on a path toward building generational wealth for our families. But how will we succeed if we are stuck with insurmountable debt as a reward for our pursuit of a professional career?Continue reading By Refusing to Forgive Student Debt, Biden Rejects a Tool to Help Black Americans