When he first heard about President Joe Biden's plan to forgive student loan debt for millions of federal borrowers, Travis Rapoza was cautiously optimistic.
A Pell Grant recipient, Rapoza qualifies for $20,000 in loan forgiveness under the plan that Biden unveiled in August. Coupled with money he's saved while living with his parents for the past four years, he would finally be debt-free and could move out on his own.
