Speaking at the summit Wednesday, Schumer made clear that repeatedly extending the moratorium is not providing enough help to Americans, nor will it inspire sufficient confidence in Democrats heading into the 2022 elections in November.
“Make no mistake about it, this pause isn’t going to stay forever, and the canceling of student debt is the way to go,” said the Senate majority leader, who joined Sen. Elizabeth Warren (D-Mass.) in proposing the cancellation of up to $50,000 in student debt in 2020.
“We want our young people to realize that they can have a good future, and one of the very best ways to do it is by canceling student debt by getting rid of the $50,000, even going higher after that,” Schumer added.
Last month, support for broad student debt cancellation strengthened on Capitol Hill, with nearly 100 lawmakers signing a letter written by Schumer, Warren, and Rep. Ayanna Pressley (D-Mass.) calling on Biden to take action. At Wednesday’s summit, Schumer urged advocates to continue pressuring the White House.
Jesus: Hey, Dad? God: Yes, Son? Jesus: Western civilization followed me home. Can I keep it? God: Certainly not! And put it down this minute--you don't know where it's been! Tom Robbins in Another Roadside Attraction