What It Means
Biden Wipes Out Federal Student Debt for Millions
Borrowers earning under $125,000 for individuals and $250,000 for families will get up to $20,000 in cancellation.
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The new income driven repayment plan
An FFEL borrower finally catches her lucky break
When everyone else's student loan payments were paused for COVID, hers weren't. When everyone else's interest rate dropped down to zero, hers didn't. But a temporary waiver — one that expires soon — gave a Florida public defender the opening she needed to wipe out $57,000 in debt.
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