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Summary: Higher education in the United States remains one of our great strengths, one which draws immigrants from all over the world seeking to improve their lives. Financing a fully accessible system that prioritizes students, and maintains the confidence of society across polarized divides, is something worth fighting for.
President Joe Biden has canceled more than $15 billion in student loans for 675,000 borrowers, more than any other U.S. president. Still, this amounts to only about 1% of the $1.75 trillion of currently outstanding student debt.
Private organizations, including religious groups, annually provide more than $3 billion to help students obtain higher education.
As we approach the return of student loan payments, dozens of American Muslim groups have come forward with a solution that stems from the values of their faith: canceling interest.