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Biden Puts Another Former Public Defender Onto A U.S. Appeals Court huffpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huffpost.com Daily Mail and Mail on Sunday newspapers.
ADVERTISEMENT Manju Bangalore, a student debt campaigner at Progressive Change Campaign Committee, said Cordray’s appointment was promising. “We believe he will stand up for student borrowers as he did in his position at CFPB. The time is now to cancel $50,000 of student debt and we look forward to Cordray being in the mix on this issue,” Bangalore said. The American Civil Liberties Union also praised Cordray’s appointment. The organization’s senior campaign strategist Rakim Brooks urged Cordray to cancel $50,000 of debt in an effort to help minority communities. “Canceling $50,000 in student debt would help close the racial wealth gap and support financial freedom for Black and Latinx borrowers who are disproportionately burdened by student debt, all while addressing this debt crisis for millions more,” Brooks said. ....
It’s an issue that Biden has failed to deliver on so far, say the groups. Biden has shot down calls to immediately cancel up to $50,000 in student loans and instead supports $10,000 in debt forgiveness. Nearly one hundred days into a term that has generally been applauded by progressives, the groups say Biden needs to make student debt forgiveness a bigger priority in the next 100 days. ADVERTISEMENT “This is one of the areas where progressives aren’t going to take no for an answer at the end of the day,” said Adam Green, co-founder of the Progressive Change Campaign Committee (PCCC). ....
Postal Banking, Alcohol Delivery Could Save the U.S. Postal Service, Experts Say nbcphiladelphia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcphiladelphia.com Daily Mail and Mail on Sunday newspapers.
NationofChange “It’s not our student debt but we still want Biden to forgive it.” The editorial board of Harvard University’s daily student newspaper on Tuesday pushed back against President Joe Biden’s misleading claim that Ivy League graduates would be the primary beneficiaries of bold debt cancellation and urged the president to support forgiveness beyond the $10,000 he has vowed to pursue. In an editorial published late Tuesday, The Harvard Crimson rejected as “misguided” Biden’s recent attempt to justify his opposition to cancelling $50,000 in student loan debt by claiming the move would forgive “billions of dollars of debt for people who have gone to Harvard and Yale and Penn.” ....