US NEWS: Biden Announces Student Loan Relief Plan

WASHINGTON, Aug 24 – U.S. President Joe Biden said on Wednesday his administration would forgive the student loan debt of many borrowers and extend the student loan repayment pause until Dec. 31 of this year.

Biden said on Twitter that his administration would forgive $20,000 in student loan debt for borrowers who went to college on Pell Grants and $10,000 for those who did not receive Pell Grants. The plan applies to those who earn less than $125,000 a year.

He said he would deliver remarks on the plan at 2:15 p.m. (1815 GMT).

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Subscribe Us Get the daily news in your inbox