Page 21 - Pell Grant News Today : Breaking News, Live Updates & Top Stories | Vimarsana

wind at their backs. i'm john berman, brianna is off, cnn chief white house correspondent kaitlan collins here this morning. >> wind at their backs, we will see come november, i guess. >> a little. they're hoping wind at their back this morning. what democrats are looking at the reason they might feel this way is based on the results of special elections here in new york. cnn projects that democrat pat ryan will win the battleground 19th district, a district that joe biden narrowly carried in 2020 but republicans felt very good heading into this special. they were hoping they could f...

putin's forces invaded ukraine. forcing millions of innocent civilians from their homes killing tens of thousands, threatening the world's food sup pry, the security strity struct up ending the global economy. the u.s. announced the largest aid package yet worth $3 billion and ukraine marks 31 years since it declared independence. this morning president zelenskyy says his nation is reborn standing in front of a burned out and destroyed russian tank in kyiv. let's begin coverage with david mckenzie live in ukraine's capital with this major moment. what are you seeing and hearing there...

intense debates inside the white house, tons of pressure from groups. there's three key elements here. the details are very important. there are income caps to actually qualify for this loan cancellation. if you are an individual who makes under $125,000 a year or a family that makes under $250,000 a year and you have federal loans, the president is going to basically sign the ability to cancel $10,000 of those loans. there's another element that's important. $20,000 could be canceled for any pell grant recipients with federal loans. that's incredibly important as the administration ...

so mj, we know the biden administration has been debate thg plan for months. why did they decide to do it? >> this is an announcement that has been in the works for so many months now, and the white house officially confirming earlier today some key details cnn reported earlier this week. let me walk you through those top headlines you just mentioned. as you said, $10,000 in debt forgive ness for people who make less than $125,000 a year, and then if you are a pell grant recipient, that amount goes up to $20,000. there is also going to be a pause that currently exists for loan paymen...

it's a game changer. we're also fixing what's called, and this has been the bane of driving me crazy when i was out of office. the public service loan forgiveness program. now, this program forgives student loans to encourage those students who have those loans if they go in to public service. think of the millions who are. public school teachers, local police officers, workers at local charities, members of the military and national guard, and so many more, think of the folks who work for federal, state, local, travel governments, keeping essentially services going, respond to go na...