"For some of the more than 45 million people across the United States who have student loans, President Joe Biden’s plan for the federal government to forgive billions of dollars of student loan debt could be life-altering. For others, it could be just a drop in the bucket," PBS NewsHour reports. 

... "Outright eliminating $10,000 in federal student loan debt for borrowers with incomes less than $125,000 a year and $20,000 in debt for federal Pell Grant recipients, 93 percent of whom come from families that earn less than $60,000 a year, according to the National Association of Student Financial Aid Administrators."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 9/2/2022