Canceling student debt would serve to uplift millions of already struggling individuals and give them a fighting chance at achieving the American dream. Canceling student debt would also serve to shrink the racial wealth gap. Canceling $50,000 would immediately provide life-changing relief to 93% of Black households with student debt. Student debt leaves people struggling to make ends meet, especially during a pandemic that has erased millions of jobs. Wiping out this debt would provide a much-needed boost to our already lagging economy. 

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