Truthout
Student Debt

Biden Has the Power to Cancel Student Loan Debt Now. What’s Stopping Him?
President Biden has clear legal authority to cancel student debt.

Democrats Ramp Up Pressure on Biden to Cancel Student Debt
Democrats introduced a resolution calling on Biden to use executive authority to cancel $50,000 for each student debtor.

Warren, Schumer Introduce Resolution to Cancel $50K in Student Loan Debt
Biden has proposed canceling up to $10,000 of student debt, but lawmakers say that $50,000 would be more impactful.

Ilhan Omar Pushes Tax on All Stock Trades Amid GameStop Controversy
Taxing every trade made on Wall Street could produce more than $1 trillion in federal revenues.

Betsy DeVos’s Resignation Came Four Years Too Late
Former Secretary of Education Betsy DeVos sided with Charles Koch over students at every turn. She won’t be missed.

People in Debt Have Formed a Union to Fight Back
The Debt Collective is urging President-elect Biden to cancel all student debt "because it’s the moral thing to do.”

Organized Debtors Are Preparing to Strike If Biden Doesn’t Cancel Student Debt
President-elect Biden will be able to cancel nearly all student debt without congressional approval, if he chooses to.

Bernie Sanders Calls Betsy DeVos Worst Education Secretary in US History
The billionaire school privatization zealot lashed out at a popular proposal to cancel student loan debt.

Joe Biden Should Cancel Student Debt on Day One
In the absence of further stimulus payments, debt cancellation would offer immediate relief to millions of households.

GOP Is Focused on Sabotaging a Potential Biden Administration Amid a Pandemic
Millions will face economic ruin on January 1 as protections for renters and student borrowers expire on December 31.