Relief is in sight for the more than 40 million Americans eligible for some student loan debt cancellation, as more than eight million Americans have already signed up for relief through a newly launched website from President Joe Biden’s administration after its initial launch this weekend.
In remarks on 17 October to formally launch the website, the president called the plan a “game changer” for millions of borrowers eligible for up to $10,000 in loan balances to be canceled, or up to $20,000 for borrowers that relied on Pell grants for their higher education.
