NAACP pushes for $50K in student loan debt cancellation to address racial debt divide

Norge Nyheter Nyheter

NAACP pushes for $50K in student loan debt cancellation to address racial debt divide
Norge Siste Nytt,Norge Overskrifter
  • 📰 KIRO7Seattle
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

The NAACP is pushing for elected officials to go beyond the new federal student loan debt forgiveness program to help minority students.

“Education, especially higher education, isn’t supposed to be the great equalizer. It’s supposed to be the path to the middle class,” said Jared Bass, senior director of higher education for the Center for American Progress.is an independent, nonpartisan policy institute. Bass said there are systematic hurdles facing minority students.

“The issue of how Black and brown individuals or students feel like they have to go to grad school in order to be able to earn as much or have the same economic potential as some of their white counterparts,” said Bass. There are already opponents to President Joe Biden’s current plan, which cancels up to $20,000. Most are Republicans who argue it will make inflation worse.“We can decrease the need for borrowers, Black and brown borrowers and white borrowers, to have to borrow in the first place,” said Bass.

Bass said another solution is increasing the Pell Grant, which also benefits a significant number of minority students.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

KIRO7Seattle /  🏆 271. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Rep. Tim Ryan’s criticism of student loan debt forgiveness alters prior stanceRep. Tim Ryan’s criticism of student loan debt forgiveness alters prior stanceWhen Biden announced his student loan decision Wednesday, Ryan was the only Democratic member of Congress from Ohio who didn’t give it two thumbs up.
Les mer »

Column: GOP ratchets up the hypocrisy in opposing Biden's student debt planColumn: GOP ratchets up the hypocrisy in opposing Biden's student debt plan'It’s well past time for the critics of student debt relief to get honest about their real purpose. It’s to protect wealthier Americans who fear their income taxes will have to rise to pay for that relief,' writes hiltzikm.
Les mer »

Student Debt Experts Say $10,000 Isn't Enough Specifically for Black Borrowers—Here's WhyStudent Debt Experts Say $10,000 Isn't Enough Specifically for Black Borrowers—Here's WhySome student loan experts say President Joe Biden’s $10,000 debt forgiveness plan isn’t enough specifically for Black borrowers. Here’s why.
Les mer »

Student loan forgiveness plan will have minimal impact on current inflation, expert saysStudent loan forgiveness plan will have minimal impact on current inflation, expert saysMore than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Biden announced Wednesday.
Les mer »

Tax credit 2022: Deadline for Maryland residents to claim $1,000 student loan debt relief credit is 18 days awayTax credit 2022: Deadline for Maryland residents to claim $1,000 student loan debt relief credit is 18 days awayThe deadline for Maryland residents to claim a Student Loan Debt Relief Tax Credit of up to $1,000 is coming in less than three weeks.
Les mer »

Neil Cavuto grills Democrat Rep. Khanna on Biden's student loan handout: 'Where does this stop?'Rep. Ro Khanna, D-Calif., praises President Biden's student loan handout and calls for more action to combat medical costs as the national debt soars.
Les mer »



Render Time: 2025-03-11 03:45:42