Biden to wipe out $10,000 in student loan debt for many borrowers

By: - August 24, 2022 1:41 pm

A building on the campus of Reed College in Portland, Oregon. President Joe Biden announced Aug. 24, 2022, the federal government will forgive up to $20,000 in student debt for Pell Grant recipients, up to $10,000 for individual borrowers with an income of less than $125,000, and $10,000 for households with income less than $250,000. (Canva image)

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Ariana Figueroa
Ariana Figueroa

Ariana covers the nation's capital for States Newsroom. Her areas of coverage include politics and policy, lobbying, elections and campaign finance.

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