John,
Remember when we emailed you about Congress’ NEW stimulus plan, the HEROES Act?
Well, thanks to your advocacy, huge parts of that plan have made it through the House and are now being considered by the Senate. The plan includes a proposal for $10,000 of debt cancellation for student loan borrowers who are economically distressed.
This means that millions of borrowers who desperately need relief—people in default, forbearance, or who qualify for $0 IDR payments—would get it. This is a tangible and major progress on borrower solutions—especially compared to what Congress would consider three months ago.
And this is thanks to people, like you, who have spoken up about this crisis.
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