Tag: Loan Forgiveness

Economics&Strategies, Education Economics

Student loan changes could cost more than $1 trillion over 10 years, new estimate finds

August 26, 2022

Via: Higher Ed Dive

Biden said he is canceling up to $10,000 for most borrowers, or up to $20,000 for borrowers who received federal Pell Grants, which generally go to those from low- and moderate-income households. His plan includes an income cap, meaning it […]

Economics&Strategies, Education Economics

Biden Announces Student Loan Forgiveness

August 25, 2022

Via: Education Next

President Biden this week announced plans to provide what he called “targeted debt relief” to student loan borrowers: “up to $20,000 in debt cancellation to Pell Grant recipients with loans held by the Department of Education, and up to $10,000 […]