Understanding Student Loan Forgiveness

On August 24th, the Biden administration announced a series of changes to student loans and forgiveness of up to $20,000.�� There is a lot in what they have announced, so let���s look at how it can help you.��

Forgiveness of up to $20,000 in student loans (for people who received Pell Grants) and $10,000 for others.

A couple of things to keep in mind:�� There are income caps of $125,000 for single and $250,...