Sign the petition: Cancel at least $50,000 in student debt to bring real change

Friend, [sign the petition to President Biden: Cancel at least $50,000 in student debt per borrower.]( [Sign the petition]( On April 1st, President Biden's chief of staff said Education Secretary Miguel Cardona [will research]( their legal options about eliminating $50,000 in student debt. Biden had said he will cancel $10,000 per student, but has resisted doing anything more on his own. As Senate Majority Leader Chuck Schumer said: "all you need is the flick of a pen." [And it's not a question of whether he can cancel student debt. It's that he must. Sign the petition to President Biden: Cancel at least $50,000 in student debt per borrower.]( [Sign the petition]( Student debt crushes our economy (over $1.7 trillion worth), and defers hopes and dreams: people cannot buy a home, start a business or start a family because they can't afford it. The average student owes more than $32,000 in student debt according to the Federal Reserve, but the numbers are far worse for people of color. In fact, Black women carry more student debt than any other group in America. Eliminating student debt is one of the best ways to close the racial wealth gap in this country. Wiping out $10,000 vs. $50,000 of student debt is a question of whether Biden will help only 14 million people—or 36 million people. And it's about reducing the student debt burden by $400 billion, or $1 trillion. If we really want to have an impact, it's clear what needs to happen. [Click to AUTOMATICALLY sign the petition to President Biden: You can—and you must—eliminate at least $50,000 in student debt per borrower.]( [Click to AUTOMATICALLY sign the petition]( Our message to President Biden: You must cancel at least $50,000 in student debt per borrower. By signing this petition you will receive periodic updates on offers and activism opportunities from Daily Kos. You may unsubscribe at any time. Here's our [privacy policy](. Keep fighting, Paul Hogarth, Daily Kos Daily Kos Relies on Readers Like You We don't have billionaire sugar daddies like some right-wing media outlets. Half our revenue comes from readers like you, meaning we literally couldn't do this work without you. Can you chip in $5 right now to help Daily Kos keep fighting? [Chip in $5]( If you wish to donate by mail instead, please send a check to Daily Kos, PO Box 70036, Oakland, CA, 94612. Contributions to Daily Kos are not tax deductible. Sent via [ActionNetwork.org](. To update your email address, change your name or address, or to stop receiving emails from Daily Kos, please [click here](.