[Congressional Record Volume 170, Number 60 (Tuesday, April 9, 2024)]
[Senate]
[Page S2654]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                           Student Loan Debt

  Mr. President, on student debt, this week, President Biden announced 
a new executive action to relieve the burden of student debt for 
another 30 million Americans--30 million Americans--a little less than 
1 out of 10 of our population. When you count their families and 
spouses, it is even more. The President's new student debt plan is 
great news for everyone, particularly for borrowers in communities of 
color, who are disproportionately impacted by the student debt crisis.
  For too long--far too long--the burden of student debt has held 
borrowers of color back from reaching the middle class and beyond. 
President Biden's plan will deliver much needed relief for these 
borrowers and many more and give them all the chance at achieving the 
American dream.
  Democrats will continue to do everything in our power to lower costs 
and make college more affordable for everybody.