UnidosUS hails new program that transforms student loan repayment options

New plan widens opportunities to higher education. 

Washington, DC— Mauricio GarciaSenior Vice President of Programs for UnidosUS—the nation’s largest Latino civil rights and advocacy organization—issued the below statement following today’s unveiling by the Department of Education of the Saving on a Valuable Education (SAVE) Plan: 

“The Department of Education’s Saving on a Valuable Education (SAVE) Plan is another step toward meaningful debt relief for millions of student borrowers in our country. Mountains of student debt are obstructing the economic potential of Latinos pursuing higher education and keeping many graduates from being able to buy a house, start a family, or build generational wealth. This plan will further enable Hispanic students to contribute more fully to our country’s shared prosperity while building their own economic resilience. We commend the Biden administration for their commitment to increasing accessibility to higher education and paving the way for Latinos to widen their place in America.”

This week, UnidosUS joined a nationwide coalition that includes Civic Nation, the National Association for the Advancement of Colored People (NAACP), the National Urban League (NUL), Rise, the Student Debt Crisis Center, and Young Invincibles to engage borrowers with information about the actions they can take to obtain student debt relief under this program. As part of these efforts, UnidosUS will mobilize our national network of Affiliates, allies, and supporters via targeted communications to ensure the Latino community is aware of the SAVE plan and other student loan resources.  

About UnidosUS

UnidosUS is a nonprofit, nonpartisan organization that serves as the nation’s largest Hispanic civil rights and advocacy organization. Since 1968, we have challenged the social, economic, and political barriers that affect Latinos through our unique combination of expert research, advocacy, programs, and an Affiliate Network of nearly 300 community-based organizations across the United States and Puerto Rico. We believe in an America where economic, political, and social progress is a reality for all Latinos, and we collaborate across communities to achieve it. For more information on UnidosUS, visit unidosus.org or follow us on FacebookInstagram, and Twitter.

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