Astra Taylor: "It's Still Not Too Late for Biden to Deliver Debt Relief"
December 17, 2024
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11:37Now PlayingAstra Taylor: "It's Still Not Too Late for Biden to Deliver Debt Relief"
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We speak with organizer Astra Taylor of the Debt Collective, which is urging President Joe Biden to cancel more student debt, including for older debtors, before the end of his term. According to the White House, the administration has approved $175 billion in student debt relief for nearly 5 million borrowers over the past four years, but advocates say Biden can still do more in his final weeks as president. "This is a _Titanic_ moment for the Biden administration. They have crashed into the authoritarian iceberg of the Trump administration, and it is their duty to fill as many lifeboats as possible," says Taylor. She faults the administration for insisting on a case-by-case approach to debt relief instead of canceling debt for larger swaths of debtors, including many with "ironclad claims," urging the White House to use all the legal tools at its disposal.
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