The weight of student debt.
My progressive colleagues and I made student debt cancellation a priority. We have collaborated with activists and borrowers, pushing for executive action to cancel student debt. I cheered when President Biden announced his plan to cancel up to $20k in student loan debt for 43 million people and after the Supreme Court struck it down, was quick to call for the President to use all other powers he has to get Indianapolis residents the relief they so desperately need.
The President has boldly taken those actions — including just canceling $5 billion in loans for teachers, nurses, and firefighters — and recently announced a major new initiative.
Starting this month, if you took out less than $12,000 in loans and have been in repayment for 10 years, ALL of your debt will be canceled.
That’s right — your loan balance could go down to zero. For many others, monthly payments will be drastically reduced.
To get this relief, and other ways to bring down your monthly loan payments, you need to be enrolled in the Saving on A Valuable Education (SAVE) Plan. This is the same plan that ensures no borrower who makes less than $15 an hour will have to make any student loan payments. It will also make sure that interest doesn't pile up and increase your debt amount, and that your spouse's income can't be used to drive up your payment amount.
Sign up for the SAVE Plan today so you get this relief before your next payment is due.
I've heard so many stories from across our district about the weight of these student loans. I’ve personally felt that weight. It makes it hard for people to start families, buy a home, start or build a business, or just be able to make ends meet. That's why I’m so thrilled about this new initiative that will give you and your family more breathing room in just a few weeks. If you have any questions or need help signing up for these programs, please reach out to my office at any time.
I'm honored to be your representative in Congress, and I will continue fighting for full student debt cancellation.
Virtual Town Hall Wrap-Up:
Did you miss my Virtual Town Hall this week? You can watch it here! We covered issues like renewing the Affordable Connectivity Program – which is saving Americans up to $75 a month on internet costs – applying for energy assistance, and more. Stay tuned for the next town hall!
Annual Youth Opportunities Fair:
Save the date! My Annual Youth Opportunities Fair will be held on Tuesday, March 12th from noon – 7:00p.m. at the Ivy Tech Culinary and Conference Center, 2820 N. Meridian St. Indianapolis, IN 46208. Each year, hundreds of youths of all ages – as well as parents, grandparents, and caregivers – attend this event to access information on summer programs, internships, year-round programs, and more. Giving young people enriching and fun opportunities during the summer months is key to their development and growth, and it strengthens our community too. My Your Opportunity Fair ensures you and your family can explore all your options in one place. This event is FREE to attend! Learn more here.
Team Carson is Here to Serve:
Did you know that in 2023, my office responded to over 70,000 of your messages and brought $1.5 MILLION directly back to Indianapolis families? Team Carson is here to serve you – get in touch to find out how we can help you navigate a federal agency, access government benefits, or recognize a community member’s milestone.
For updates throughout the week, don’t forget to follow me on Facebook, Instagram, and Twitter.
Your Friend,
André