# @statesman on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/ChpzfrCLv4S
- **Gondola URL:** https://gondola.cc/posts/15003906-statesman-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/ea41a83727.jpg
- **Posted:** 2022-08-24T19:00:22.000+00:00
- **Account Owner:** Austin Statesman (@statesman) — https://gondola.cc/statesman

## Caption

The decision to forgive up to $10,000 in student debt will help roughly 3,645,200 Texans with loans, including nearly 17% of whom owe less than $5,000, according to data from the Education Data Initiative. Biden's action will especially provide relief to Texans of color, who owe a disproportionate amount of student debt per person compared to white students. 

According to a report last year by the Texas Higher Education Coordinating Board, about 37% of students enrolled in Texas colleges or universities had student debt, and 58% of students in their fourth year of pursuing a bachelor’s degree had student debt during the 2019-20 academic year, with an average of $23,584 in debt.

Tap the link in our bio to read more.

#texas #texaseducation #studentloans #studentloandebt #studentloandebtforgiveness #studentdebt #studentdebtforgiveness #debt #debtforgiveness #studentloanforgiveness #joebiden

## Stats

- **Views:** 0
- **Likes:** 933
- **Shares:** 0
- **Comments:** 84

## Tags

studentdebt, studentdebtforgiveness, texaseducation, studentloanforgiveness, debtforgiveness, debt, studentloans, texas, studentloandebtforgiveness, studentloandebt, joebiden

---
Copyright (c) Gondola