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President Biden Cancels up to $10,000 in Student Loan Debt per Federal Borrower Earning less than $125,000 Annually

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the staff of the Ridgewood blog

Ridgewood N J, President Biden officially announced on Wednesday that his administration is forgiving up to $10,000 in student loan debt for borrowers making less than $125,000 annually and $20,000 for Pell Grant recipients, marking the largest forgiveness of federal student loans per individual to date. In addition to forgiving up to $20,000 in student debt for Pell recipients, will also cancel up to $10,000 in student loans for individuals making less than $125,000 a year,

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