President Joe Biden today, Aug. 24, announced his administration’s much-anticipated decision on student loan cancellation. The plan will cancel up to $10,000 in student loan debt for Americans making less than $125,000, and up to $20,000 for Pell Grant recipients.
Here's a breakdown of @JoeBiden's #StudentLoanForgiveness plan:
?Up to $10,000 canceled for borrowers who earn $125,000/year or less
?Up to $20,000 canceled for Pell Grants recipients
?Payment pause on federal student loans extended through the new year @WGME https://t.co/x1jaPnAoA0
— Dan Lampariello (@DanWGME) August 24, 2022
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