N AUGUST 24, President Joe Biden announced that the Education Department would forgive between $10,000 and $20,000 in federal student loans for individuals making less than $125,000 a year and couples making less than $250,000. His plan also extends the student loan repayment moratorium to December 31, 2022, and lowers the minimum monthly payment for “income-driven repayment” (IDR) plans, and allows single borrowers making under 225 percent of the poverty line to owe no
WRITING STUDENT LOANS IN RED INK
Sep 15, 2022
3 minutes
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