Many of the Americans getting this debt relief are nurses, teachers, first responders, Peace Corps volunteers and social workers.
Articles on Student debt forgiveness
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An estimated 40 million borrowers could be affected by a pair of cases before the Supreme Court that could block the Biden administration’s plan to cancel student debt.
A finance expert explains why President Biden’s student loan forgiveness program got blocked – and what’s next for student loan borrowers in search of relief.
Biden’s plan would provide up to $10,000 in relief for individuals who earn less than $125,000 a year, and $20,000 for Pell Grant recipients.
Top contributors
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Associate Professor of Finance, Texas State University
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Professor of Economics, University of Tennessee
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Assistant Professor of Education Policy, Southern Methodist University
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Associate Professor of Social Work, University of Michigan
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Director, Center for Tax and Budget Policy at the Baker Institute, Rice University
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Professor of Law, University of California, Davis