Please watch this video to get a good sense of what @JoeBiden could do if he cared to do it.
It answers all the questions.
#CancelStudentDebt
It answers all the questions.
#CancelStudentDebt
https://twitter.com/BernieSanders/status/1147954939634651137
Some takeaways:
80% of all student debt is held by those making less than $127k a year.
Families making less than 60k a year took out 280% MORE student loan debt than families making over 100k.
80% of all student debt is held by those making less than $127k a year.
Families making less than 60k a year took out 280% MORE student loan debt than families making over 100k.
Women hold 2/3rds of student loan debt.
And Black women hold more than anyone else.
12 years after starting school the median Black student loan borrower owed more debt than they originally took out. And 21% have defaulted on their loans.
And Black women hold more than anyone else.
12 years after starting school the median Black student loan borrower owed more debt than they originally took out. And 21% have defaulted on their loans.
35% of latino loan borrowers who started college in 2003/4 defaulted on their loans.
If we had canceled all student debt in 2016, we would have shrunk the racial wealth gap from 12:1 to 5:1
If we had canceled all student debt in 2016, we would have shrunk the racial wealth gap from 12:1 to 5:1
Seniors are the fastest growing group of student debt holders in the country.
40k seniors had their social security checks garnished to pay student loans in 2016.
#CancelStudentDebt
40k seniors had their social security checks garnished to pay student loans in 2016.
#CancelStudentDebt
Progressives could be brining the same energy they're bringing to impeachment to issues like student debt cancellation and #medicareforall too.
It's not "either or."
It's not "either or."
bringing*
• • •
Missing some Tweet in this thread? You can try to
force a refresh
