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FAQs – Student Debt Forgiveness Plan

FAQs – Student Debt Forgiveness Plan

In late August, President Biden announced $20,000 in debt relief to certain Pell Grant recipients and $10,000 for many other student loan borrowers. In that same announcement, the president also announced an extension of the pandemic pause on student loan payments through December 31, 2022. Student loan payments will resume after January 1st, 2023. Here are some quick FAQs compiled to address your questions.

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