Biden’s Inflation Speech At HBCU Is Opportunity To Address Canceling Student Debt

President Joe Biden‘s Thursday address to the nation from one of the most prominent HBCUs in the country was expected to detail his plan to fight the current inflation issues the country is facing.

The scene at North Carolina A&T State University in Greensboro will paint an interesting picture since Black students in higher education are some of the most heavily impacted individuals by the inflation crisis.

A huge reason for that is because of the higher likelihood for Black students to be saddled with student loan debt. According to the Education Data initiative, Black and African American college graduates owe an average of $25,000 more in student loan debt than white college graduates.

And with everything becoming more expensive, it’ll be even harder for graduates to find the money to pay off these loans monthly. Since the pandemic began, the Trump Administration and Biden Administration have continued to extend the pause on student loan payments and new reports indicate that Biden is considering student debt forgiveness for borrowers. Continue Reading



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