DOVER, Del. –
U.S. President Joe Biden says almost 22 million individuals have utilized for federal student loan relief within the week since his administration made its on-line software accessible – greater than half of the quantity the White House believes are eligible for this system.
Biden was talking Friday at Delaware State University, a traditionally Black college the place nearly all of college students obtain federal Pell Grants.
Biden’s plan requires $10,000 in federal student debt cancellation for these with incomes under $125,000 a yr, or households that make lower than $250,000 a yr. Those who acquired federal Pell Grants to attend school are eligible for a further $10,000.