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News Student debt relief limited for many by U.S. 'war on drugs' legacy

thegreenhand

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Student debt relief limited for many by U.S. 'war on drugs' legacy

Aaron Morrison
PBS
30 Aug 2022

Excerpt:
President Joe Biden says he hopes his proposal to forgive federal student loans will narrow the nation’s racial wealth gap. But a generation of Black and Hispanic Americans was disproportionately shut out of one of the keys to Biden’s plan: the Pell Grant program.

As part of the “war on drugs” — a consequential, anti-crime legislative agenda that Biden championed as a U.S. senator — an estimated hundreds of thousands of convicted drug offenders had their access to federal financial aid delayed or denied, including Pell Grants and student loans. If they wanted to go to college after their prison terms ended, these offenders had to take on larger, often predatory, private student loans.
Amid debate over whether Biden’s forgiveness plan goes far enough for disproportionately indebted communities, criminal justice reform advocates say the president’s solutions to the student debt crisis must be as comprehensive as the anti-drug laws were.

“I think there’s a particular onus on this administration and on this president to be part of the solution for issues that he was very deeply involved in,” said Melissa Moore, the director of civil systems reform at Drug Policy Alliance.

There’s a generation of former drug offenders who borrowed to pay for school, but don’t have Pell Grants or federal loans, and won’t have any of their student debt forgiven. According to a Student Borrower Protection Center report on private loan debt, Black students are four times as likely as white students to struggle in repayment of private loans.
 
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