AFL-CIO Calls for Student Loan Forgiveness
The AFL-CIO on Thursday called on the Biden administration to do its part to assist borrowers hampered by crippling debt, issuing the following statement:
"Organized labor was built on the foundation of creating a pathway to the middle class for everyone, but skyrocketing student loan debt has become an insurmountable obstacle to achieving this goal. The Biden administration’s decision to continue to pause student debt has made a tremendous difference in the lives of so many borrowers, but these borrowers still live with the uncertainty of not knowing when they will need to drastically alter their finances in order to begin repaying their loans. After all that we have endured in the wake of the COVID-19 pandemic, we cannot ask working people to make further sacrifices. Now is the time to cancel, not collect, student debt."