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Pressley, Horsford, Congressional Black Caucus Statement on Supreme Court Decision on Student Debt Cancellation

Today, Congresswoman Ayanna Pressley (MA-07), CongressionalBlack Caucus Chairman Steven Horsford (NV-04), and members of the Congressional Black Caucus issued the following statement on the Supreme Court’s decision on President Biden’s student debt cancellation plan.

“Today, after a devastating ruling gutting affirmative action, the Supreme Court is standing in the way of life-changing student debt cancellation, a kitchen table issue and one that is deeply personal for millions of Black families across America. For too long, our nation’s student debt crisis has disproportionately impacted BlackAmericans—particularly Black women—due to discriminatory policies that have denied us the opportunity to build generational wealth. It is therefore imperative that President Biden and Secretary Cardona use other tools available to immediately cancel student debt.

“We applauded President Biden when he took historic action to cancel student debt, which would zero out the debt of one in four Black borrowers while helping millions of people make ends meet, build generational wealth, grow their families, purchase homes, and more. Today, he must follow through on his promise and act swiftly and decisively to deliver this transformative relief. Our communities have waited long enough.”

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