Pressley: ‘I Defaulted’ on My Student Loan Debt

EXCERPT:

PRESSLEY: "Well, you know, I'm no anomaly. You know, again, 85% of black students had no choice but to borrow because of policies like redlining, which obstructed our families' abilities to build generational wealth. I grew up in a single female-parented household and I had no choice. And then I defaulted. And again, we're five times more likely to default than our white counterparts. So, President Biden must cancel student debt by executive action. $50,000 will go a long way in a just recovery from this pandemic."