White House says no decision made on student loan forgiveness
WASHINGTON (Reuters) -The administration of President Joe Biden has not made a final decision on student loan cancellation, a White House spokesperson said on Friday, after a news report said it was planning to cancel $10,000 in student debt per borrower. Two of them said the $10,000 debt forgiveness would apply to Americans who earned less than $150,000 in the previous year, or less than $300,000 for married couples filing jointly. White House spokesman Vedant Patel said the report was inaccurate.