INDIANAPOLIS (AP) — Indiana will tax student debt relief as income, reflecting similar policies in other U.S. states following the Biden administration's announcement of a forgiveness plan last month.
President Joe Biden says he hopes his proposal to forgive federal student loans will narrow the nation's racial wealth gap.
NEW YORK (AP) — Under a new plan announced by President Joe Biden, many Americans can have up to $10,000 in federal student loan debt forgiven. That amount increases to $20,000 if they qualified for Pell grants.
New York (AP) — President Joe Biden's student loan forgiveness program announced on Wednesday aims to provide $10,000 in student debt cancellation for millions of Americans.
But for federal Pell grant recipients, that amount is even higher: $20,000
The year-end spending bill before Congress would restore prisoners' eligibility for federal Pell grants for college, simplify the form used to apply for student aid and erase more than $1 billion in federal debt for historically Black colleges, among an array of other education initiatives tucked into the legislation.