Charleston Gazette-Mail, Williamson Daily News – President Joe Biden’s planned student loan forgiveness might have an outsized financial benefit for former West Virginia college students.
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The plan would forgive $10,000 in current federal student loan debt for everyone making under $125,000 annually. Debt holders could be forgiven whether they actually earned degrees or certificates or did not.
For those who received federal Pell Grants, which are for students from low-income families, the Biden administration would forgive $20,000.
