I’m 65 and have $300,000 in student debt. I and other older debtors are going on strike | Lystra Small-Clouden
by Lystra Small-Clouden from US news | The Guardian on (#62WNQ)
We know that this debt won't go away - for us or Americans of any age - unless we stand up and fight it
Today, the White House announced its long-awaited debt cancellation plan. Joe Biden will erase $10,000 for borrowers who make under $125,000 a year, and $20,000 for Pell Grant recipients. The federal student loan payment moratorium will also be extended until December 31.
Sadly, this news does almost nothing for me and millions of others. It falls far short of what economic and racial justice demands. That's why I have joined over 250 people, all over age 50, who are pledging to strike our student loans when payments resume. Our numbers are growing every day.
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