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U.S. President Joe Biden and Education Secretary Miguel Cardona in the Roosevelt Room at the White House on Wednesday. Biden announced a plan to forgive some student loan debt.

Biden to wipe out $10,000 in student loan debt for many borrowers

BY: - August 24, 2022

WASHINGTON — President Joe Biden announced Wednesday that he will cancel up to $20,000 in federal student loan debt for Pell Grant borrowers and up to $10,000 for all other borrowers with an income of less than $125,000 for an individual and $250,000 for a household. Biden also announced his administration is extending a pause […]