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Student loan debt forgiveness for $10,000 or for $50,000? Will Biden forgive debt in 2021?

Student loan debt forgiveness for $10,000 or for $50,000? Will Biden forgive debt in 2021? CNET 2 hrs ago Oscar Gonzalez © Provided by CNET The gift of student loan debt forgiveness may be in the works. Sarah Tew/CNET The American Rescue Plan includes money for individuals and families who continue to struggle through the ongoing pandemic, including the third round of stimulus checks and plus-up payments, money for unemployed workers, additional money for families with the new child tax credit and changes to health care savings. One group is not directly addressed in the $1.9 trillion package, however: struggling students, who are looking to President Joe Biden and members of Congress to see if they will forgive federal student loans in 2021.

Student loan debt forgiveness for $10,000 or $50,000? What you need to know

Student loan debt forgiveness for $10,000 or $50,000? What you need to know CNET 2 hrs ago Oscar Gonzalez © Provided by CNET The gift of student loan debt forgiveness may be coming. Sarah Tew/CNET As the pandemic continues to weigh on millions of people financially, the federal government is looking for additional ways to relieve those stresses. For starters, it s been sending out $1,400 stimulus checks and has continued supplemental unemployment checks in the amount of $300. Plus, the government has made changes to health care savings and revised the child tax credit to bring eligible families thousands of dollars (calculate your total here). And now, students are the next group that could receive help from President Joe Biden or Congress through student loan debt forgiveness.

Student loan debt forgiveness for $10,000 or $50,000? Everything you need to know

Student loan debt forgiveness for $10,000 or $50,000? Everything you need to know CNET 1 hr ago Oscar Gonzalez © Provided by CNET The gift of student loan debt forgiveness may be coming. Sarah Tew/CNET The federal government is taking many steps to relieve financial stresses for millions of people caused by the pandemic from $1,400 stimulus checks and $300 supplemental unemployment checks to health care savings and the revised child tax credit, which will bring eligible families thousands of dollars (calculate your total here). Students are the next group that could receive help from President Joe Biden or Congress through student loan debt forgiveness.

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