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Mizraim Belman Guerrero published Congress COVID Relief, Student Loans, Puerto Rico Aid in Press 2022-01-08 10:33:56 -0500
Congress COVID Relief, Student Loans, Puerto Rico Aid
Dear Friend,
Thanks to your partnership, Jubilee USA's campaigns on student loans, Puerto Rico and global pandemic aid and debt relief are moving forward. I'm writing to update you on these campaigns and ask you to take urgent action.
As we continue to move Congress on debt relief and IMF Special Drawing Rights aid, we won new action on student loans from President Biden. In the last days of 2021, Biden extended the pandemic freeze on student loan payments and interest. This happened because of the thousands of messages you sent to Congress and the Biden and Trump White Houses. We continue to work for student debt cancellation for the vulnerable and those facing economic hardship.
The news is not as good for our Puerto Rico efforts.
We had hoped the Senate would vote in December on action passed for Puerto Rico by the House of Representatives. In the last days of the year, Senate negotiations failed to pass disability payments for 300,000 low-income people, $3.6 billion in healthcare aid and measures to increase jobs for the island. As we push for a Puerto Rico deal in the Senate, your thousands of phone calls are pushing Senators to take action as the island struggles with debt crisis, natural disasters and the pandemic.
Your partnership is critical in the coming months as some of the most consequential decisions on Jubilee USA's pandemic response campaigns will be made by the G20, IMF, G7, World Trade Organization, Congress and White House.
Thanks for taking a moment to call your Senators ahead of important budget votes.
In partnership,
Aldo
Aldo Caliari
Senior Director of Policy and Campaigns
Jubilee USA Network
[email protected]
www.jubileeusa.org/support-us
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Mizraim Belman Guerrero published Biden Extends Student Loan Payment Relief to May in Press 2022-01-07 15:08:49 -0500
Biden Extends Student Loan Payment Relief to May
Religious Group Urges Additional Student Debt Relief for Borrowers Facing Pandemic Hardship
Washington DC – In the last days of December, President Biden extended a freeze on student loan repayment until May to assist borrowers amidst the coronavirus crisis. This is the third time that Biden extended executive action began by President Trump to pause federal student loan payments and interest.
“For many struggling borrowers, the canceling of interest and deferring student loan payments is a crucial source of aid,” noted Jubilee USA Network Executive Director Eric LeCompte. “For vulnerable communities and people struggling with the pandemic and economic hardship, we will need to eliminate more of their student debt.”
Jubilee USA Network generated thousands of messages to Congress and the Trump and Biden White Houses urging student debt relief to help confront the economic crisis spurred by the coronavirus. The pause in interest benefits 41 million people. Almost 27 million borrowers have not made payments since the program began.
