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Forbes: Biden May Cancel Student Debt Soon, Lawmakers Say After Meeting

Forbes, April 26, 2022, Biden May Cancel Student Debt Soon, Lawmakers Say After Meeting

President Joe Biden appears poised to likely cancel at least some federal student debt for millions of Americans, he signaled to lawmakers this week according to multiple reports, after White House Press Secretary Jen Psaki said Monday the president is set to decide by August whether to take action on student loan forgiveness.

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Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

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