CHARLOTTE, N.C. — The U.S. Department of Education began accepting applications for student loan relief Friday when it launched a beta test for millions of qualifying borrowers.
The application is an integral part of the Biden-Harris Administration’s new debt relief promise to erase up to $20,000 for Pell Grant recipients and up to $10,000 for non-Pell Grant recipients.
The plan focuses on helping working and middle-class borrowers. About 90% of the aid will go to people earning less than $75,000 a year.
