Daily Athenaeum – Thousands of students at West Virginia University could see some level of loan forgiveness as part of President Biden’s plan to wipe out billions of dollars in student debt. The announcement comes at a time when the cost of being a college student has soared.
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The plan would forgive up to $20,000 dollars in federal student loan debt for Pell Grant recipients and $10,000 for those who are eligible — current students and borrowers making less than $125,000 a year.
Each year, about a quarter of the undergraduate students at WVU qualify for the Pell Grant, according to Shauna Johnson, director of news communications. This could effectively eliminate all student loan debt for these students.
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