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Inclusive Economy

$50K & Beyond

#MeMinusStudentDebt

Cancel Student Debt

The student debt crisis has a disproportionate impact on Black borrowers and their families. Across all racial groups, Black borrowers hold the most student loan debt despite also being consistently underserved by postsecondary institutions.

We're calling on our elected officials to cancel federal student loan debt. Cancelling $50,000 in student debt for Black borrowers would:

  • Provide Black borrowers with opportunities to pursue homeownership
  • Develop economy-boosting discretionary income
  • Fuel upward mobility in the Black community and equitable efforts to close the racial wealth gap

Temporary student debt relief provided during the COVID-19 pandemic is set to expire after Jan. 31, 2022. It's time for elected officials take action and provide permanent relief.

Let's make it happen. Find resources, statistics, and stories below to join us in the push for student debt relief.

Styled image of money

Share your student debt story

Why did you go after a college degree? How has student debt impacted your life? What would the cancellation of student debt mean to you?

Student debt impacts real people and has daily consequences. Add your story to the growing collection of reasons elected officials need to act to cancel student debt.

Share My Story

student loan debt protest

Storytelling Tips

Collecting your stories helps us humanize the issue of student debt relief because it's not just about the policy. It's about the people who will be impacted. There are many ways to share your story. No matter how you choose to share, be authentic, be brief, and help others understand the impact student debt has on individuals and the Black community as a whole.

Sound Off: Student Loan Debt Stories

Young Black Female Outdoors - Solo - Smiling

Jessica H., Student Loan Borrower

"Being behind (on student loans) cost me better-paying jobs due to bad credit ratings and denied me the opportunity to advance myself in the job market."

Young Black Man Helping A Female at a Computer - Classroom Setting

Chance N., Student Debt Organizer

"My entire life has been impacted by student loan debt. I will never be able to afford a house of my own. I am a teacher and would like to pursue a doctorate. I have had to work two jobs for many years to make ends meet."

Black Female - Solo - in house - Serious

Gisele A., Student Loan Borrower

"I support free college and canceling student debt because it fosters an atmosphere of fairness and equality where everyone can thrive based on their individual dedication, not because they did not have the privilege to put their dedication to action."

Advocating to #CancelStudentDebt

Teal Scribble

In the News

Unmasking Student Debt

Blue Students
NAACP Youth & College Division students

Let us know

What could you do if student loan debt was canceled?

Share your plans

At 28 years old, I can't afford to start a family, I can't afford to buy a home, I can't afford to volunteer in my community, and I can't afford to go to the doctor. All of these things are now considered luxuries that I simply can't afford at this point in my life. All of my resources are dedicated to paying off student loans and interest rates.

- Jessica P., Student Loan Borrower