“Your quote-unquote wealth doesn’t even have time to be built because you’re trying to help your family survive.”

Gabrielle Perry, a 29-year-old epidemiologist in New Orleans, regarding the obstacles that families, especially Black families, experience toward generational wealth, which, Perry says, acts as a societal tax on Black people. Perry, who has $135,000 of student loan debt and expects $20,000 of that to be wiped out under the plan announced this week by President Biden, is grateful for the relief but is disappointed the president hasn’t decided to clear all student debt. (Associated Press — Aug. 26, 2022)