Tag: debt

UAW President Ray Curry Calls for Executive Action to Cancel Student Debt

UAW members know all too well that student debt can be crippling for both themselves and their children. “Educational debt, when compounded by interest, becomes a millstone that compels recent graduates to prioritize the needs of financial institutions over those of their families,” says UAW President Ray Curry.  “That is why our union calls upon President Biden to cancel student debt through executive action.” President Biden has already recognized the need to address this crisis head on. His administration has canceled $25 billion in student loan debt. According to Forbes, the Biden Administration has canceled more student loan debt than any ... Read more