Announcement from Joe Biden about Federal Student Loan Debt

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    Kaitlyn Hannan
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    Just announced! Joe Biden plans to cancel up to $10K in federal student loan debt for certain borrowers and up to $20K for Pell Grant recipients.

    Couples who earn $250,000 a year or less and file taxes jointly will also qualify for cancellation of up to $10,000 for each partner.

    The administration is also extending the payment pause on federal student loans for a final time through Dec. 31.

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