Monday, August 29, 2022

Biden student loan plan: Who’s eligible, what’s the income limit, and how will it work?

Biden student loan plan: Who’s eligible, what’s the income limit, and how will it work?

After months of speculation, President Joe Biden announced on Wednesday his administration is forgiving up to $10,000 of federal student loans per person, and $20,000 for anyone who received Pell Grants, which are awarded to students with low-income backgrounds. The move would come through an executive action, so Congress would not be involved, though that… 

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