The Biden administration has made an unprecedented dent in the trillion-dollar student debt problem. But Pressley and her guest say there’s a need to do more to free working people from what can become a never-ending financial trap.
A veteran Boston Public Schools teacher will attend President Biden’s third State of the Union in Washington Thursday as the special guest of Congresswoman Ayanna Pressley.
“Two-thirds of this $1.7 trillion crisis are on the shoulders of women, and it’s a racial-justice issue, because Black and brown students borrow and default at higher rates," Pressley said. As of 2023, Valentine owed over $117,000 — far more, she said, than she’d originally borrowed. Meanwhile, her credit score sank, locking her in financial instability.
By sharing these stories, Pressley said she hopes to both “tell the story about how impactful the relief that has happened has been — and also to … make the case for why we need broad-based cancellation.”
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