8/25/2022
Yesterday President Biden announced large scale debt forgiveness that will eliminate the federal student loan balances of nearly 20 million Americans with almost 90% of the benefit going to individuals with incomes under $75,000. This is the single largest student debt forgiveness ever undertaken and will impact 43 million Americans. Learn more about the details of the plan, including a new income driven repayment plan that will cut payments in half for most borrowers and remove the burden of student loan interest.