Using the authority Congress grant at the Department of Education, we will forgive $10,000 in outstanding federal student loans. In addition, students who come from low- income families, which allowed them to qualify to receive a Pell Grant, will have their debt reduced to $20,000. Both of these targeted actions are for families who need it the most.
President Biden announces student loan forgiveness for federal loans and additional relief for Pell Grant recipients.
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