Coalition Comments Urge Student Debt Cancellation

As part of a coalition of 228 national, state, and local civil rights, consumer advocacy, veterans, disability, and labor organizations, the AAUP has submitted comments supporting student debt cancellation. We encourage the US Department of Education to implement debt cancellation as swiftly and efficiently as possible and to ensure that it provides the maximum amount of relief to borrowers. The comment was submitted in response to the thirty-day public comment period for the Biden Administration’s Notice of Proposed Rulemaking (NPRM) to provide cancellation to thirty million Americans. The coalition, led by the Student Borrower Protection Center, Young Invincibles, the NAACP, and the Student Debt Crisis Center, calls on the department to move quickly to support borrowers experiencing hardship. The final plan must address the need for automatic relief, relief for young borrowers, justice for borrowers who have experienced servicing failures, and the continued need to waive ballooning interest and underlying balances.

Read more about the push for cancellation here.

Publication Date: 
Friday, May 17, 2024