student debt

September 1, 2022

Debt forgiveness is welcome, but more state funding to higher education is needed

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...