Higher Ed Faculty Advocate for Full Student Debt Cancellation, Tuition-Free College
Higher education leaders, instructors, and advocates continue their calls for the Biden Administration to permanently cancel student debt.
The Debt Collective, a membership-based union for debtors and allies, is asking higher education faculty to sign this petition by March 15 to support the cancellation of all student debt.
The issue is one that advocates believe – and research suggests – will significantly narrow the racial wealth gap and boost GDP.
“Far from a boon to the already-wealthy, the vast majority of the benefits of universal debt discharge would go to the bottom 20% of households. The largest impact, in proportion to household wealth, would be on Black and Latinx families and communities, and women in those communities, in particular, who hold the disproportionate share of the debt load,” the petition from Debt Collective reads.
To show your support for this cause, click here.