Biden’s Quiet Student Loan Cancellation: Income-Driven Repayment Expansion

US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on … [+] August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. – Bide...

Education Secretary is ‘more excited’ about income-driven payments than forgiveness

President Joe Biden revealed a loan forgiveness plan in August that will forgive $10,000 of student debt for borrowers earning less than $125,000 per year, and up to $20,000 for Pell Grant recipients....