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Pressley Statement on Supreme Court Decision on Student Debt Cancellation [1]

['Mae Eldahshoury']

Date: 2023-06-30

Calls on Biden and Cardona to Immediately Use Other Tools to Cancel Debt and Deliver on Key Promise

WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) issued the following statement on the Supreme Court’s decision on President Biden’s student debt cancellation plan.

“I vehemently disagree with this decision. The Court put monied interests above the law and the will of the people today. The President’s plan to cancel student debt would change and save lives, and borrowers across the country who feel devastated by this unjust ruling should know that this fight is not over,” said Rep. Pressley. “I am calling on President Biden and Secretary Cardona to use other tools available to them to swiftly cancel student debt. The people demand and deserve this long overdue economic relief and a promise is a promise. The Biden Administration should act immediately. I won’t let up.”

Rep. Pressley has been a leading voice in Congress urging President Biden to cancel student debt. Following years of advocacy by Rep. Pressley—in partnership with colleagues, borrowers, and advocates—the Biden-Harris Administration announced a historic plan to cancel student debt that stands to benefit over 40 million people.

Last month, Rep. Pressley delivered a powerful speech in support of President Biden’s plan to cancel student debt and issued a statement slamming Republicans’ harmful effort to overturn the President’s student debt relief measures, including his debt cancellation plan, the pause on student loan payments, and the expanded Public Service Loan Forgiveness program.

Rep. Pressley also filed an amendment to H.R. 3746, legislation to raise the debt ceiling, to protect student loan borrowers and preserve the Biden Administration’s pause on federal student loan payments.

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[1] Url: https://pressley.house.gov/2023/06/30/pressley-statement-on-supreme-court-decision-on-student-debt-cancellation/

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