Biden announces big student loan forgiveness plan

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Refinery29

‘They Were Going To Take Whatever I Owned’ — 5 People On The Real Toll Of Student Loan Debt

On Wednesday, President Biden announced he’d cancel $10,000 in student loan debt for Americans who earned less than $125,000 per year. He also said he’d be extending a pause on payments for every borrower until Dec. 31 of this year, and that some repayment plans could be revised, according to The White House’s release. Additionally, Pell Grant recipients will be eligible for an extra $10,000 of debt forgiveness, Biden announced, with the idea that this will give additional aid to lower-income fo

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