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Date
Summary
Pressley: ‘I Defaulted’ on My Student Loan Debt
Source
Twitter

Name: Twitter

URL: https://twitter.com

Show
Persons
Al Sharpton

Name: Al Sharpton

Employment: MSNBC

Position: Host

, Ayanna Pressley

Name: Ayanna Pressley

Employment: House of Representatives

Position: Representative Elect

Event
Event location
Uploaded
02/22/2021 07:00 am
Owner
Diana (staff)
Type
Video
Format
MP4 (1280x720) Use clipper to adjust file type
Duration
0:01:40
Views
11
Purchases
0
Transcript
PRESSLEY The narrative that ░░░░░░░░ Biden was pushing in ░░░░░░░░ town hall is a ░░░░░░░░ characterization and I m ░░░░░░░░ that his press secretary ░░░░░░░░ back what he said ░░░░░░░░ that town hall First ░░░░░░░░ all he does have ░░░░░░░░ authority Congress gave him ░░░░░░░░ under the Higher Education ░░░░░░░░ So he absolutely has ░░░░░░░░ authority by way of ░░░░░░░░ action to cancel 50 ░░░░░░░░ worth of debt And ░░░░░░░░ stands to benefit from ░░░░░░░░ 80 of the lowest ░░░░░░░░ households stand to benefit ░░░░░░░░ that 40 of households ░░░░░░░░ have student loan debt ░░░░░░░░ never even earned a ░░░░░░░░ Those who have been ░░░░░░░░ upon by the deceptive ░░░░░░░░ practices and predatory lending ░░░░░░░░ for profit colleges and ░░░░░░░░ And black student borrowers ░░░░░░░░ 85 of us have ░░░░░░░░ choice but to take ░░░░░░░░ loans and then we ░░░░░░░░ five times more likely ░░░░░░░░ default on those loans ░░░░░░░░ our white counterparts SHARPTON ░░░░░░░░ you have said that ░░░░░░░░ defaulted yourself I mean ░░░░░░░░ ve used yourself as ░░░░░░░░ example in a very ░░░░░░░░ and I think courageous ░░░░░░░░ PRESSLEY Well you know ░░░░░░░░ m no anomaly You ░░░░░░░░ again 85 of black ░░░░░░░░ had no choice but ░░░░░░░░ borrow because of policies ░░░░░░░░ redlining which obstructed our ░░░░░░░░ abilities to build generational ░░░░░░░░ I grew up in ░░░░░░░░ single female parented household ░░░░░░░░ I had no choice ░░░░░░░░ then I defaulted And ░░░░░░░░ we re five times ░░░░░░░░ likely to default than ░░░░░░░░ white counterparts So President ░░░░░░░░ must cancel student debt ░░░░░░░░ executive action 50 000 ░░░░░░░░ go a long way ░░░░░░░░ a just recovery from ░░░░░░░░ pandemic.”
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