If President Joe Biden doesn’t follow up on his pledge to provide much-needed relief to the 45 million Americans who hold student debt, activists will hold a debt strike, the Debt Collective announced on Thursday.
who hold student debt, activists will hold a debt strike, the Debt Collective announced on Thursday.
Debt activists, frustrated with Biden for waffling on the pause and for failing thus far to follow up on his campaign promise to cancel up to $10,000 of debt per borrower, say that they’ll begin striking in September if he doesn’t extend the pause. The strike will consist of 50 student debtors over the age of 50 to “highlight the destructive impact of student debt on older Americans,” the Debt Collective said in a press release.
burdens that have loomed over them for the better part of their lives. Though older borrowers are often overlooked in conversations about student debt, they are the fastest growing demographic of student debtors.
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