We are rallying for a fundamental change in North Carolina's taxation policies regarding forgiven student loans. President Biden's recent decision to forgive Art Institute student loans has spotlighted a glaring issue: the unjust taxation burden placed on those seeking relief from crippling student debt, particularly victims of fraudulent for-profit colleges.

Thousands of students have fallen prey to deceitful practices, promised an education that never materialized, only to be saddled with insurmountable debt. Forgiving these loans is not just an act of compassion; it's a moral imperative to correct a grave injustice. However, current taxation policies exacerbate the financial hardship faced by these individuals, compounding their struggles.

North Carolina's insistence on collecting taxes on forgiven student loans is a double-edged sword, plunging victims deeper into financial turmoil while the federal government attempts to right a wrong.

We call upon our leaders to:

• 1.Advocate for fair taxation policies that exempt forgiven student loans from both federal and state taxes, especially for victims of fraud.
• Ensure that all forms of student loan forgiveness, including Public Service Loan Forgiveness and Income-Driven Repayment forgiveness, are not subjected to unjust taxation.
• Support legislative initiatives aimed at rectifying these taxation issues and providing much-needed relief to affected individuals.
• Raise awareness about the critical need for fair taxation on student loan forgiveness and mobilize public support for essential reforms

Join us in demanding fair taxation for student loan forgiveness in North Carolina. Let's champion equity, justice, and economic opportunity for all. Sign the petition now to make a tangible difference in the lives of those burdened by student debt. Together, we can usher in a fairer, more equitable future for generations to come.