NASW joined more than 235 organizations in sending a November letter to President-Elect Joe Biden and Vice-President-Elect Kamala Harris, calling on them to use executive authority to cancel federal student debt on day one of their administration.
In the letter, 238 nonprofit and community organizations highlight that cancelling student debt would stimulate the economy, help reduce the racial wealth gap, and could have a positive impact on health outcomes.
The groups write that “executive action is one of the few available tools that could immediately provide a boost to upward of 44 million borrowers and the economy,” and that it would be an important first step in advancing Biden’s campaign priorities to ensure racial equity, focus on economic recovery, and deliver COVID-19 relief.