Sign the petition: Demand Congress cancel all student debt to stimulate a sinking economy.
U.S. Congress
Not only are Americans forced to ration food and medicine supplies, losing access to healthcare, and scraping together monthly rent and mortgage payments, but 46 million have student loan payments to pay as well. Before the pandemic, advocates called for the student debt cancellation so millions of Americans wouldn’t have to choose between basic necessities and debt payments.
Now, everyday people need and deserve student debt cancellation now more than ever. Furthermore, freeing 46 million people of student debt is exactly the boost our economy needs as we enter the country’s second recession in 20 years. Student debt cancellation can boost our national GDP by up to $108 billion a year and would add up to 1.5 million jobs per year.
Our lawmakers must fulfill their responsibilities to constituents by cancelling all student debt immediately to provide relief for individuals and families and to stimulate our economy.
Sign the petition: Urge your members of Congress to pass emergency legislation to cancel all student debt.
Participating Organizations:
Blue Future
Chuy Garcia for Congress
Daily Kos
Demand Progress
Fight for Progress PAC
Freedom to Prosper
Fund Her
LeftNet
Livable Communities PAC
Rep. Raúl Grijalva
Stop Republicans PAC
To:
U.S. Congress
From:
[Your Name]
The global coronavirus pandemic has shaken communities everywhere with tens of thousands of known cases in the U.S. Social distancing and self-quarantining measures have left hundreds of thousands of residents across the country without jobs. With the national unemployment rate predicted to skyrocket to 30% and the stock market crash, our country is on the brink of an economic recession.
Not only are Americans forced to ration food and medicine supplies, are losing access to healthcare, and scraping together monthly rent and mortgage payments, but 46 million have student loan payments to pay as well. Now, everyday people need and deserve student debt cancellation now more than ever. Freeing your constituents of student debt is exactly the boost our economy needs as we enter the country’s second recession in 20 years. Student debt cancellation can boost our national GDP by up to $108 billion a year and would add up to 1.5 million jobs per year. That’s why I urge you to pass emergency legislation to cancel all student debt.