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Benzinga
Benzinga
Politics
Adam Eckert

Biden Lays Out Student Loan Relief Plan: Do You Qualify For Forgiveness?

President Joe Biden on Wednesday announced plans to forgive a portion of federal student debt for qualified borrowers and to extend the loan payment freeze until the end of the year.

What To Know: The Department of Education will provide up to $10,000 in federal student debt cancellation for individuals with annual income below $125,000 or married couples with combined income of $250,000 or less, according to a statement from the White House. 

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