1️⃣ Protect student loan borrowers🛡 2️⃣ #CancelStudentDebt❌ 3️⃣ Reinvest in public higher ed to win #DebtFree college for all🎓
Massachusetts, USA
Joined May 2020
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The Department of Education's online application for Student Debt Relief is expected to go live after October 17th. Make sure your information is up to date at studentaid.gov
#studentdebtrelief #mapoli #bospoli #studentloans #studentdebt
The Federal Student Loan Debt Relief Application is up and running! It is suggested that borrowers submit their application before November 15th to ensure that borrower's balance is updated prior to December 31st when payments will resume.
Zero Debt Massachusetts retweeted
For FAR too long, for-profit schools have engaged in predatory targeting of Black and Latino/a students.
These schools trap borrowers with exorbitant student debt loads in exchange for programs of 𝑑𝑢𝑏𝑖𝑜𝑢𝑠 quality.
Zero Debt Massachusetts retweeted
The student debt crisis is a decades-long industry scheme to rob borrowers of their right to debt relief.
Zero Debt Massachusetts retweeted
‼️BREAKING: New evidence that big banks are 𝗿𝗶𝗽𝗽𝗶𝗻𝗴 𝗼𝗳𝗳 𝗰𝗼𝗹𝗹𝗲𝗴𝗲 𝘀𝘁𝘂𝗱𝗲𝗻𝘁𝘀.❌
⤷ New @CFPB report here: bit.ly/3TjCa1f
Zero Debt Massachusetts retweeted
We heard from parents about how @POTUS’ #CancelStudentDebt plan will benefit them.
Their stories affirm that debt cancellation will change & save lives.
Grateful for their courage & to @DebtCrisisOrg & @ptogetheraction for hosting this discussion. youtu.be/hRALvKxR0Dk
Zero Debt Massachusetts retweeted
Ths is all happening because @usedgov refused for years to step in.
@usedgov attempted to regulate campus banking in 2015, but it’s clear that those rules have failed.
@usedgov had a chance to go back to the drawing board—but instead, it passed.
bit.ly/3ys9kE2
ALT It’s Time for the Department of Education to Protect Students from Abusive Campus Cards.
Zero Debt Massachusetts retweeted
"The American people overwhelmingly support student debt cancellation," said Rep. @CoriBush and neither partisan nor corporate interests should prevent borrowers from receiving the life-changing relief they need and deserve." cdreams.news/3CwdziW
Zero Debt Massachusetts retweeted
Who pays more on a tax on income over a million dollars a year? Millionaires.
Zero Debt Massachusetts retweeted
More than 7 million qualifying #borrowers may not take the steps to get student debt relief, although most people with #studentdebt will be eligible for some forgiveness.
The bottom line is, if you have student debt you should apply. Don't just assume that you are ineligible!
Zero Debt Massachusetts retweeted
Student debt cancellation for millions of Americans is *so close* and approaching fast! Take a look at this thread about what you need to know to help ensure you're ready to go:
Zero Debt Massachusetts retweeted
Student loan hack: not only are standard Fed loans eligible, but so are parent PLUS loans.
That means a family could 2x or 3x their loan cancellation 💸
Ex: if a parent making <$125k took out a PLUS loan for their kid and got a Pell grant themselves,they EACH get $20k cancelled
So rather than not working at 10PM like I am not working, @aoc is teaching people a new student loan hack for families who took out loans for kids. Live on IG right now.
Zero Debt Massachusetts retweeted
The Biden-Harris Administration has made temporary changes to the Public Service Loan Forgiveness Program that make it easier for public servants to have their student debt canceled.
Apply by October 31. Learn more at PSLF.gov.
ALT Reminder: Apply for Public Service Loan Forgiveness before October 31st. PSLF.gov
Zero Debt Massachusetts retweeted
LOL, they could have made cancellation automatic and saved all of this money, but instead they need to spend $100 million to exclude ~5% of people and probably end up excluding another ~25% of the poorest and most vulnerable in the process.
Missed this earlier:
Ed Dept disclosed in submission to OMB it expects the cost of building out the form for student debt relief, processing applications & related comms work will cost about $100M/yr.
Zero Debt Massachusetts retweeted
.@POTUS must not turn the student loan system back on until delivering on his promise to #CancelStudentDebt for every single eligible borrower.
Better yet, don't turn it back on until you fix the entire system. Extend the payment pause and #CancelMoreStudentDebt.
ALT Don't make student loan borrowers choose between food and student loans for the holidays.
