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Biden is canceling up to $10K in student loans, $20K for Pell Grant recipients

We believe in thanking our sources! This post was sourced from the following blog/website: https://www.npr.org/2022/08/24/1118879917/student-loan-forgiveness-biden

The following is a new blog post related to education and teaching and relevant to our website visitors. The blog post is not based on the opinions or values of our company but is related to education and teaching, so we wanted to share it with YOU! If you ever have any questions please let us know. Now… on to the post!

More than two years ago, then-presidential candidate Joe Biden pledged to cancel at least $10,000 in federal student loans. The pledge has followed his administration ever since.

President Biden announced a sweeping effort to forgive up to $20,000 of federal student loan debt for Pell Grant recipients, and up to $10,000 for other borrowers making under $125,000 a year.

(Image credit: Brendan Smialowski/AFP via Getty Images)

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