Ed Trust Is Disappointed by the Senate’s Actions to Dismantle the Biden Administration’s Student Debt Relief Plan

FOR IMMEDIATE RELEASE
June 1, 2023
CONTACT:
media@edtrust.org
202-731-9582

Ed Trust Is Disappointed by the Senate’s Actions to Dismantle
the Biden Administration’s Student Debt Relief Plan
Statement by Wil Del Pilar, Ph.D., senior vice president of The Education Trust

WASHINGTON (June 1, 2023) — “The Education Trust is disappointed to see the Senate vote to advance a measure that will harm millions of student loan borrowers by eliminating the administration’s student loan cancellation plan, which is supported by a majority of Americans. Many borrowers are desperate for relief, and this bill will force them immediately back into repayment. This will harm most borrowers, with the most pain inflicted on Black borrowers, who, due to systemic racism, are more likely to borrow, borrow more, struggle with repayment, and default on their student loans than their peers.

“We urge the Senate to rectify its mistake by rejecting final passage of the resolution later this week. And if passed, we urge President Biden to veto the resolution if it makes it to his desk.”

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About The Education Trust:
The Education Trust is committed to advancing policies and practices to dismantle the racial and economic barriers embedded in the American education system. Through our research and advocacy, Ed Trust improves equity in education from preschool through college, engages diverse communities dedicated to education equity and justice, and increases political and public will to build an education system where students will thrive.