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Tweet - "Almost 45 Million Americans have over $1.5 Trillion in student loan debt. @SenWarren and I are combatting this crisis with the Student Loan Debt Relief Act which will cancel up to $50K in student loan debt for borrowers who make up to $100K. #CancelMyDebt WATCH LIVE:"

Social Media

Date: July 23, 2019
Issues: Finance and Banking Higher Education

"Almost 45 Million Americans have over $1.5 Trillion in student loan debt.

@SenWarren and I are combatting this crisis with the Student Loan Debt Relief Act which will cancel up to $50K in student loan debt for borrowers who make up to $100K. #CancelMyDebt

WATCH LIVE:"

"Our Student Loan Debt Relief Act cancels debt for 42 Million Americans. Here's how you could benefit:

✅ Up to $50K cancelled if you make up to $100K/year
✅ Automatically refinances remaining student loans at better rates
✅ Allows discharge of student loans in bankruptcy"

"Student loan debt disproportionately impacts communities of color.

Many Black borrowers still owe over 100% of their loan balance even 12 years after graduating.

The Student Loan Debt Relief Act would increase Black family wealth by $15,700 & Latinx family wealth by >$27K."

"Cancelling student loan debt provides many benefits:

✅ Boosts the economy
✅ Improves credit scores
✅ Increases home buying rates & housing stability
✅ Increases college completion rates
✅ Increases new businesses & entrepreneurship

#CancelMyDebt"

@WhipClyburn


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