More than 20 Black colleges have already cancelled millions in student debt “This type of support brings me one step closer to reaching my dream of starting a career with less debt and becoming financially stable,” said one student. By
Story at glance With a pause on student loan payments set to expire in September, President Biden is facing pressure to cancel or forgive up to $50,000 in student loan debt. Student debt is especially prohibitive to Black Americans, who have historically been kept out of higher education. Several major historically Black colleges and universities are already cancelling student debt for students and alumni.