White House Denies Report Of $10,000 Of Student Loan Forgiveness
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The question student loan borrowers have been asking for months. “No decisions have been made yet,”
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Notably, this potential income cap is $50,000 higher than the income cap on the Covid-19 stimulus checks, which were pegged at $75,000 for individuals.
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The President has now canceled $18.5 billion of student loans for 750,000 student loan borrowers.
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The president has said he’s not considering a plan to forgive $50,000 of student loan debt.
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If the president cancels $50,000 of student loan debt, it would eliminate federal student loan debt for 36 million student loan borrowers.for 36 million student loan borrowers.