Student Loan Debt Forgiveness

President Biden's extension of a moratorium on federal student loan debt payments falls short of demands to cancel it altogether as the racial wealth gap continues to widen. Studies show that Black students are affected the most by student debt.

Proponents of student debt cancelation applaud the Biden Administration's extension of the pause on student loan payments but want the president to take action and cancel the debt.

Although student loan forgiveness is a universal issue, Black students often have to take out more loans than their white counterparts, due in part to systemic racism.