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<blockquote data-quote="KPRC2" data-source="post: 67159" data-attributes="member: 148">The Biden administration announced Wednesday that it will cancel up to $10,000 in <a href="https://www.nbcnews.com/politics/biden-says-considering-student-debt-forgiveness-less-50000-rcna26474" target="_blank">student debt</a> for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants.Couples who earn $250,000 a year or less and file taxes jointly will also qualify for cancellation of up to $10,000 for each partner.The administration is also extending the payment pause on federal <a href="https://www.nbcnews.com/news/us-news/americans-are-increasingly-dubious-going-college-rcna40935" target="_blank">student loans</a> for a final time through Dec. 31.In a tweet, President Joe Biden said that he would provide further details on the announcement Wednesday afternoon.<a href="https://www.nbcnews.com/politics/politics-news/biden-cancel-10k-federal-student-loan-debt-certain-borrowers-20k-pell-rcna42422" target="_blank">Read more</a> from NBC News.<a href="https://www.click2houston.com/news/local/2022/08/24/biden-to-cancel-up-to-10k-in-federal-student-loan-debt-for-certain-borrowers-and-up-to-20k-for-pell-grant-recipients/" target="_blank">Continue reading...</a></blockquote>

[QUOTE="KPRC2, post: 67159, member: 148"] The Biden administration announced Wednesday that it will cancel up to $10,000 in [URL='https://www.nbcnews.com/politics/biden-says-considering-student-debt-forgiveness-less-50000-rcna26474']student debt[/URL] for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants. Couples who earn $250,000 a year or less and file taxes jointly will also qualify for cancellation of up to $10,000 for each partner. The administration is also extending the payment pause on federal [URL='https://www.nbcnews.com/news/us-news/americans-are-increasingly-dubious-going-college-rcna40935']student loans[/URL] for a final time through Dec. 31. In a tweet, President Joe Biden said that he would provide further details on the announcement Wednesday afternoon. [URL='https://www.nbcnews.com/politics/politics-news/biden-cancel-10k-federal-student-loan-debt-certain-borrowers-20k-pell-rcna42422']Read more[/URL] from NBC News. [url="https://www.click2houston.com/news/local/2022/08/24/biden-to-cancel-up-to-10k-in-federal-student-loan-debt-for-certain-borrowers-and-up-to-20k-for-pell-grant-recipients/"]Continue reading...[/url] [/QUOTE]

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