Close Menu
The Westside GazetteThe Westside Gazette
    Facebook X (Twitter) Instagram
    • About Us
    • Contact
    • Media Kit
    • Political Rate Sheet
    • Links
      • NNPA Links
      • Archives
    • SUBMIT YOUR VIDEO
    Facebook X (Twitter) Instagram
    The Westside GazetteThe Westside Gazette
    Advertise With Us
    • Home
    • News
      • National
      • Local
      • International
      • Business
      • Releases
    • Entertainment
      • Photo Gallery
      • Arts
    • Politics
    • OP-ED
      • Opinions
      • Editorials
      • Black History
    • Lifestyle
      • Health
      • HIV/AIDS Supplements
      • Advice
      • Religion
      • Obituaries
    • Sports
      • Local
      • National Sports
    • Podcast and Livestreams
      • Just A Lil Bit
      • Two Minute Warning Series
    The Westside GazetteThe Westside Gazette
    You are at:Home » Issues Statement Regarding President Biden Announcing Student Debt Relief Plan
    National News

    Issues Statement Regarding President Biden Announcing Student Debt Relief Plan

    September 1, 20223 Mins Read0 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email
    Advertisement

         WASHINGTON, D.C. — Recently, President Joe Biden announced that he will cancel between $10,000 – $20,000 in federal student loan debt for many borrowers.   In addition, President Biden’s announced “Student Debt Relief” program will extend the current federal student loan payment pause through December 31, 2022 and make the student loan re-payment system more manageable for current and future borrowers.

         Melanie L. Campbell, President & CEO of the National Coalition on Black Civic Participation and Convener of the Black Women’s Roundtable (BWR), issued the following statement:

         “I am encouraged to see that the Biden-Harris Administration is working to keep a key campaign promise it made by providing student debt relief to working and middle-class families, as well as Black and other communities of color.  One of the most time-revered pathways for Black people to achieve economic independence has been through securing undergraduate and graduate degrees.  But often, the efforts to achieve these degrees have created excessive short-and-long-term financial hardships for Black youth and their families.   Often, the financial burdens created in pursuit of a college degree stymie and stunt the economic growth for Black people for decades, prohibiting their ability to build long term wealth for themselves and their families.

         “President Biden’s ‘Student Debt Relief Plan’ is a step in the right direction.  It’s no secret that excessive student loan debt disproportionately impacts the ability for Black families to build generational wealth.  Further, as a Black woman who was saddled with student loan debt for over 25 years after graduating from Clark-Atlanta University, I know personally what it would have meant for my long-term economic security had I received student loan debt relief.  Further, I know too many people in my family that are retired that are still saddled with student loan debt 40+ years later.  Nearly two-thirds of the $1.7 trillion student debt in America is held by women, and Black women borrowers are more negatively affected due to systemic racism and economic insecurity.

          “America can and must do better. Clearly more must be done to address the deficiencies in the way higher education is financed in this nation. The 2022 Mid-Term Election will determine if student loan debt relief will be expanded in 2023 and beyond.  So, now is the time for voters, especially young voters, to challenge those seeking federal office to commit to expanding student loan debt as a good investment in our nation’s economic future.” 

    issued the following statement: Melanie L. Campbell President & CEO of the National Coalition on Black Civic Participation and Convener of the Black Women’s Roundtable (BWR)
    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Carma Henry

    Carma Lynn Henry Westside Gazette Newspaper 545 N.W. 7th Terrace, Fort Lauderdale, Florida 33311 Office: (954) 525-1489 Fax: (954) 525-1861

    Related Posts

    Ben Crump Pledges $50K to the Black Press, Challenges Others to Follow His Lead

    October 1, 2025

    Trump’s Shutdown Warning: Permanent Federal Layoffs Could Follow

    October 1, 2025

    Trump Turns the Military Inward, and  America Confronts Its Oldest Fear

    October 1, 2025
    Advertisement

    View Our E-Editon

    Advertisement

    –>

    advertisement

    Advertisement

    –>

    The Westside Gazette
    Facebook X (Twitter) Instagram Pinterest
    © 2025 The Westside Gazette - Site Designed by No Regret Media.

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version