Now It’s Time for Permanent Debt Relief
Washington, D.C. – In response to President Biden extending the payment pause on federally held student loans, MoveOn Executive Director Rahna Epting issued the following statement:
“This is a welcome and needed announcement by the White House to extend the payment pause on student loans, given how broken the student loan system is. Due to Congress’ continued inaction, we strongly urge President Biden to build on his leadership on this issue and provide tens of millions of Americans permanent relief through an executive order on student debt cancellation.
“The moratorium will continue to give millions of people temporary relief from having to choose between loan payments and basic necessities like housing, food, and medicine. But today’s move still doesn’t address the overall skyrocketing student debt crisis that challenges educational and economic well-being, equity, and mobility for an overwhelming number of working people and their families. Loan relief would be a lifeline to people who have been hit hard by the pandemic and inflation—especially Black and brown Americans, who are disproportionately burdened by student loan debt, as well as seniors on a limited income.
“This is an issue that is important and deeply personal to millions of MoveOn members who, over the past several years, have signed dozens of petitions about it, made countless calls to members of Congress and the White House, and organized actions in D.C. to push for student debt cancellation.”
MoveOn, one of the largest independent progressive advocacy groups in the United States, mobilizes millions for a better society—one in which everyone can thrive. Whether through supporting candidates, passing legislation, or changing our national culture, MoveOn members are committed to mobilizing together for an inclusive and progressive future marked by equality, sustainability, and justice.