While campaigning for President, Joe Biden promised $10,000 in student loan forgiveness per borrower. Now President Biden has announced that the government will cancel as much as $20,000 in federal student loan debt per qualifying borrower. The announcement also included an extension of the federal student loans payment pause and more. Here’s a roundup of the latest announcements and other recent developments. This article will continue to be updated as more details become available.
By Mark Kantrowitz
November 23, 2022
FOR COMPLETE ARTICLE WITH UPDATES GO TO: https://www.savingforcollege.com/article/whats-the-current-state-of-student-loan-forgiveness
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