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The Penn Wharton Budget Model lays out the sum of one of Biden's new pushes to give millions of Americans debt relief - after the Supreme Court struck down his original plan two weeks ago.
Biden's plan offers up to $20,000 in student loan forgiveness, including pell grants, and repayments based on discretionary income.
About 13% of Iowans have student loan debt and owe an average of $31,000. The percentage of Iowans paying off loans ranks 14th highest in the US.
Biden's plan offers up to $20,000 in student loan forgiveness, including pell grants, and repayments based on discretionary income.
Biden's 'fair and simple' plan offers up to $20,000 in student loan forgiveness, and repayments based on discretionary income.