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Here’s how a $10K student loan forgiveness plan would affect millions

Summary by Ground News
President Joe Biden announced detailed plans to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans. Biden is also extending a pause on all federal student loan payments for what he called the final time. If his plan survives legal challenges that are almost certain to come, it could offer a windfall to many in the run-up to this fall's midterm elections.
3 months ago·Washington, United States

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Biden touts U.S. student loan forgiveness plan that would erase debt for millions

More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan U.S. President Joe Biden announced Wednesday, a historic but politically divisive move in the run-up to the country's midterm elections.

3 months ago·Canada
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U.S. student loan forgiveness could help more than 40 million

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.

3 months ago·Toronto, Canada
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Six months of war in Ukraine, Biden will announce student loan forgiveness: 5 Things podcast

A look at the Russia-Ukraine war on its sixth month anniversary, President Joe Biden will announce student loan forgiveness: 5 Things podcast

3 months ago·United States
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What's a Pell grant? How it affects student loan forgiveness

New York (AP) — President Joe Biden's student loan forgiveness program announced on Wednesday aims to provide $10,000 in student debt cancellation for millions of Americans. But for federal Pell grant recipients, that amount is even higher: $20,000

3 months ago·United States
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Student loan forgiveness could help more than 40 million

More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under President Joe Biden’s long-awaited forgiveness plan

3 months ago·United States
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Biden announces cancellation of student debt

President Biden responded to pressure from progressives on Wednesday by canceling $10,000 in student debt for borrowers who earn less than $125,000 per year and $20,000 in debt for those who received Pell Grants.

3 months ago·Washington, United States
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