President Biden announced today that he will cancel up to $10,000 in student debt for Americans earning less than $125,000 per year (or $250,000 for couples filing jointly) with additional relief for low-income Pell Grant recipients. He will also extend the current pause on student loan payments for an additional four months, through Dec. 31.
“The cost of education beyond higher school has gone up significantly,” said Biden. “An entire generation is now saddled with...
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