BLM sets up student relief fund as loan forgiveness stalls
2 years ago

BLM sets up student relief fund as loan forgiveness stalls

Associated Press  

The Black Lives Matter Global Network Foundation launched a new relief fund Monday aimed at Black college students, alumni and dropouts overburdened by mounting education costs and the student loan debt crisis. The money is not restricted for use only on student loan payments, but the foundation said its relief funds are meant to lower recipients’ overall debt burden. Foundation board secretary Shalomyah Bowers, who runs the consulting firm that the movement organization hired to build out its philanthropic capacity, said Student Solidarity Fund applicants do not have to prove they are Black. Regarding the relief fund, BLM Grassroots director Melina Abdullah said: “We are glad to hear that is using a portion of the vast funds that they appropriated from the movement for the benefit of Black college students, and hope they will be sure to distribute funds in a way that aligns with Black Lives Matter’s mission of ending state-sanctioned violence against Black people.” ___ Aaron Morrison is a New York City-based member of the AP’s Race and Ethnicity team.

History of this topic

Biden’s Plan B on Student Loan Forgiveness Is a Massive and Improbable Success
54 years, 11 months ago
Biden administration is moving toward a narrower student loan relief targeting groups of borrowers
1 year, 1 month ago
Biden administration is moving toward a narrower student loan relief targeting groups of borrowers
1 year, 1 month ago
Why is the Biden administration forgiving student debt?
1 year, 2 months ago
Biden administration forgives another $9 billion in student debt
1 year, 2 months ago
Supreme Court agrees to hear another challenge to Biden’s student loan forgiveness program and leaves program blocked
2 years ago
With student loan relief tied up in court, Biden extends repayment pause into 2023
2 years, 1 month ago
Student loan relief highlights burden on Black borrowers
2 years, 3 months ago
Conservatives Throw A Fit Over Biden's Student Debt Forgiveness Plan
2 years, 3 months ago
Feds: Thousands may have student debt that should be erased
2 years, 8 months ago

Discover Related