Tag Archives: cancel student loans

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 …

Jessica Corbett, Common Dreams With just 10 days until a moratorium on federal student loan payments is set to expire, Education Secretary Miguel Cardona said Sunday that “within the next week or so” the American people will hear from the Biden administration about any future action it will take to …

With only two weeks before a pandemic-related pause on federal student loan payments expires, progressive lawmakers and organizations on Wednesday reiterated demands for U.S. President Joe Biden to finally take sweeping debt cancellation action. While Biden only campaigned on forgiving $10,000 per borrower and has reportedly considered setting an income …

President Joe Biden reportedly said he’s considering canceling some student loan debt in a private meeting with House Democrats. Two sources told NBC News that the president received requests from the Congressional Hispanic Caucus members to extend the pause on student loan payments and cancel at least $10,000 in student loan …