Here’s what’s inside Biden’s historic student debt forgiveness plan – The Hill

It includes loan forgiveness of $10,000 for federal borrowers who earn less than $125,000 annually. 

Millions of borrowers who received Pell Grants during college and meet the administration’s income requirements will see 20,000 removed from their balances. Data shows around 7 million students receive Pell Grants each year. 

Here’s what’s inside Biden’s historic student debt forgiveness plan – The Hill