(BPRW) NAACP Hosts National Virtual Town Hall on Student Debt Relief

(Black PR wire) WASHINGTON DC – Recently, the NAACP held a town hall meeting to discuss the new request for student debt relief, in conjunction with the Secretary of Education, Miguel Cardona and Senior Advisor to the Ministry of Education, Ashley Harington who provided a detailed explanation of the applicant’s application and eligibility, while discussing the most pressing concerns of black debt holders across the country. The results of this open conversation with Americans will provide candidates with information about the candidacy process and candidates with insight into the most important debt issues to address in order to engage Black voters.

Student Loan Forgiveness Application Facts Include:

  • Current federal borrowers and parent PLUS borrowers who obtained loans before June 30, 2022 may be eligible for loan forgiveness.
  • The application is short and only requires basic information such as name, date of birth, social security number, phone number and email address.
  • If you received a Pell grant in college and meet the income threshold, you will be eligible for debt relief of up to $20,000.

In his National Town Hall opening remarks, NAACP President and CEO Derrick Johnson expressed the importance of student debt relief, saying:

“We realize that the number one debt for many African Americans who were looking to close the racial wealth gap was a student loan debt barrier. And following that, we led the campaign to make sure we Let’s do as much as we can. We could, through our voice of advocacy, get this administration to do everything it can to announce the cancellation of student loan debt.” “The outcome of our votes in 2020 has allowed us to work as hard as we can to hold this administration to its commitment.”

In an explanation of the impact of student debt relief, Education Secretary Miguel Cardona noted:

“Student debt relief is here and what a lifeline it will be, especially for people of color.” says Cardona. “Providing debt relief opportunities to different types of borrowers will make higher education more accessible. Nearly 42% of Black borrowers will be debt free, and the NAACP has helped us get to that point!”

A link to the full town hall is available here.

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ABOUT THE NAACP

Founded in 1909 in response to ongoing violence against black people across the country, the NAACP (National Association for the Advancement of Colored People) is the nation’s largest and most prominent civil rights organization. We have over 2,200 units and branches across the country, as well as over 2 million activists. Our mission is to secure equal political, educational, social and economic rights to eliminate discrimination based on race and ensure the health and well-being of all people.

NOTE: The Legal Defense Fund – also known as the NAACP-LDF – was founded in 1940 as part of the NAACP, but spun off in 1957 to become a completely separate entity. It is recognized as the premier national civil and human rights organization and shares our commitment to equal rights.

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