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"The litigation against Navient, which resulted in a $1.85 billion settlement agreement, exposed the predatory nature of student loans. While students saw college as a pathway to prosperity, loan servicing companies saw college as an opportunity to make money from student debt. The federal government has a fiduciary responsibility to all borrowers whose decision to pursue higher education resulted in a loan that is refractory to the current economic conditions.
Black borrowers and low-income borrowers share a disproportionate share of the student debt burden. Thus, canceling student debt is an important first step for these citizens to finally realize the promise they pursued when they enrolled in college."
Black borrowers and low-income borrowers share a disproportionate share of the student debt burden. Thus, canceling student debt is an important first step for these citizens to finally realize the promise they pursued when they enrolled in college."
Share Our Truth:
Episode 3 from the NAACP Youth Council KVRU 105.7 FM Seattle |
"Share Our Truth (previously "Keepin it real") is a podcast where the youth tell the truth about real world topics and give our take on discussions about how us youth relate to what is going on, how to advocate, and to fight and fix injustices in the schooling systems and judicial systems. Share Our Truth is about ending white supremacy culture to insure that youth and Black, Indigenous, and people of color have equal opportunities."