Orlando, FL: In a 6-3 decision, the court’s conservative majority rejected President Biden’s plan to cancel more than $400 billion in student loan debt for millions of borrowers. Below is Representative Eskamani’s statement in response.
“This is an incredibly disappointing decision out of the Supreme Court that impacts tens of millions of hardworking Americans. According to data, nearly 90 percent of the relief from our plan would have gone to borrowers making less than $75,000 a year, and none of it would have gone to people making more than $125,000. This country has had no problem in canceling debt for businesses or in allowing some of the biggest corporations to avoid paying their taxes and get generous tax breaks. But then when it comes to securing relief for working class people, it’s all of a sudden unheard of. We must find others ways to deliver relief to hard-working middle-class families and I urge Congress to take action immediately.”
###