Their lives were changed forever
Legendary singer and music producer Pharrell Williams has changed the lives of five NAACP youth leaders this Friday when he showed the world how something like debt can do to a person’s life, he paid the entirety of their student debt.
Pharrell Williams has always been involved in the community
He surprised the leaders when they attended a panel held by the organization, and the topic of discussion was in fact student debt. The conference was held at the St. Regis hotel in Washington, D.C.
Powerful Gesture
Wisdom Cole is the NAACP’s national director of youth and college, and he organized the panel where the five students were honored by the Get Lucky singer while Cole mentioned that the ‘powerful’ gesture is a testament and example of what would happen if President Joe Biden would opt to condone student debt for the whole country.
It is disproportionate for Black youth
Cole also mentioned that “Pharrell forever changed their lives. This was a powerful moment, Now imagine if President Biden made this a reality for all student debt holders in America. Student debt continues to disproportionately plague the Black community and crush opportunities for so many Black people. It is time to reduce the racial wealth gap, it is time for President Biden to fulfill his promise.”
A decision needs to be made soon
US president Biden has been speaking about this option for quite some time however there hasn’t been much traction, he was set to determine whether or not he’d cancel student debt, and sources close to Biden say that he will probably make a decision in July or August, he has until August 31st which is when the suspension of the debt payment ends.
Student debt was suspended
During the Covid 19 pandemic, President Biden suspended the collection of student debt so people could focus on making a living with the stimulus checks that his administration provided.
-Marca
