NAACP prez slams Biden for excluding student loan cancelation in new proposals

NAACP prez slams Biden for excluding student loan cancelation in new proposals


The head of the NAACP is taking President Biden to task for not including student debt forgiveness in the proposals he’ll unveil Tuesday to mark the 100th anniversary of the Tulsa race massacre.

In a statement, NAACP President Derrick Johnson argued that not doing so was a missed opportunity, noting how people of color are disproportionately impacted by student loans compared to white counterparts.

“Student loan debt continues to suppress the economic prosperity of Black Americans across the nation. You cannot begin to address the racial wealth gap without addressing the student loan debt crisis. You just can’t address one without the other. Plain and simple,” Johnson’s statement read.

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“President Biden’s budget fails to address the student debt crisis,” he added.

His comments come ahead of the commander-in-chief’s Tuesday speech to mourn what was lost in the carnage of the Oklahoma massacre, as well as unveil a new effort to narrow the racial wealth gap by investing $100 million

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