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WASHINGTON, D.C. — More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Joe Biden
WASHINGTON (AP) - More than 40 million Americans could see their student loan debt reduced - and in many cases eliminated - under the long-awaited forgiveness plan President Joe Biden announced Wednes...
President Biden on Wednesday announced his long-awaited plan on student debt. Borrowers making less than $125,000 a year will be eligible for $10,000 in federal loan forgiveness. That goes up to $20,000 for those with the greatest need. Biden also extended a pause on loan payments through the end of this year. Laura Barrón-López joins Amna Nawaz to discuss.
Borrowers React to Student-Debt Relief
More than 40 million Americans could see their student loan debt reduced - and in many cases eliminated - under the long-awaited forgiveness plan President Joe Biden announced Wednesday, a historic but politically divisive move in the run-up to the midterm elections.