Biden’s student loan plan: What we know (and what we don’t)

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www.wxxv25.com – Associated Press – 2022-08-24 10:53:50

NEW YORK (AP) — is expected to announce Wednesday that many Americans can have up to $10,000 in federal student loan debt forgiven. Details of the plan are still being finalized, but here’s what we know so far and what it means for people with outstanding student loans:

WILL BIDEN FORGIVE STUDENT LOANS?

Three people familiar with the plan say it will forgive up to $10,000 in student loan debt for anyone who makes less than $125,000 a year. They spoke on condition of anonymity to discuss details of the plan before it…

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