President Joe Biden announced in August that the federal government plans to forgive up to $20,000 of student debt for people who took out federal student loans. People who received Pell grants and earn less than $125,000 per year ($250,000 for married couples) can get up to $20,000 in debt forgiven, while non-Pell borrowers are eligible for up to $10,000 in relief.… Read more...