CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 16:18:00
People just gave up and quit. and i wasn't raised to quit. >> reporter: the president's plan could effect up to 43 million americans and forgives federal loan debt of up to $10,000 for people making less than $125,000 a year. 27 million americans with pell grants will be forgiven up to $20,000 according to the white house over 45% of borrowers or roughly 20 million people will have their debt fully canceled. it is a plan president biden first spoke about on the campaign trail. >> i'm going to make sure that everybody in this generation gets $10,000 knocked off of their student debt. >> reporte...