May 25, 2024
After Months of Speculation, Biden Announces Plan to Cancel Debt for Millions of Borrowers

After Months of Speculation, Biden Announces Plan to Cancel Debt for Millions of Borrowers

After Months of Speculation, Biden Announces Plan to Cancel Debt for Millions of Borrowers

Author: Adrienne Lu
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By Adrienne Lu
The plan would cancel $10,000 of federal student-loan debt for those earning less than $125,000 a year and $20,000 for those who also received Pell Grants.

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