Connect with us

America

Biden announces student loan debt relief plan

Published

2 years ago

on

U.S. President Joe Biden said on Wednesday his administration would forgive student loan debt for many borrowers and would extend a pause on student loan repayments until Dec. 31 of this year.

Biden said on Twitter his administration would forgive 20,000 dollars in student loan debt for borrowers who went to college on Pell Grants, and would forgive 10,000 dollars for those who did not receive Pell Grants.

The plan applies to those who earn less than 125,000 dollars a year.

He said he would deliver remarks on the plan at 2:15 pm (1815 GMT).

Related Topics:
Emmanuel Yashim

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments
NIGERIA DECIDES

NIGERIA DECIDES

Shell Digital Plan RESPONSIVE600x750
Shell Digital Plan RESPONSIVE600x750
GTB
JoinOurWhatsAppChannel