President Biden Announces Student Loan Debt Relief

After months of waiting, President Biden announced a forgiveness plan that would impact millions of student loan borrowers. The new plan will cancel $10,000 in student loan debt for borrowers who earn less than $125,000 a year, or families who make less than $250,000. In the addition to the partial cancellation, the COVID-19 interest pause has been extended to December 31st, 2022. Visit the Federal Student Loan site or your borrows site for more information.

Source: 13 WHAM