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

News Articles

More Filters

All

Left

Center

Right

CBC News

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

Read Full Article

CTV News

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

Read Full Article

USA Today

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

Read Full Article

Associated Press News

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

Read Full Article

abc News

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

Read Full Article

Washington Times

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

Read Full Article