Petition to Cancel Student Debt

A number of friends of the Center have drafted a petition to President Biden requesting the cancellation of student debt.

They make the case that this would be a progressive step because the cancellation would disproportionately benefit college graduates in lower paying jobs.

The argument dovetails with that made by Naomi Zewde and Darrick Hamilton that such a cancellation would be an important step towards diminishing the Black-white wealth gap.


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