.ABC News hit the road to the University of North Carolina at Chapel Hill to hear what students had to say about Pres. Biden's announcement on forgiving student loan debt.
President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House, Aug. 24, 2022.The Biden administration’s announced plan to cancel student loan debt for millions of Americans caused a stir this week, but what do students think?
People who took out Pell Grants to pay for college, which are grants given to low-income borrowers, can qualify for up to $20,000 in debt forgiveness as part of Wednesday's broader announcement on student loan forgiveness. Other student loan borrowers who don't have Pell Grants will still have loans forgiven up to $10,000, the White House says.
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Are Your Student Loans Eligible for the White House Forgiveness Plan? What We KnowWhat are usually just technical differences could now determine whether or not a borrower qualifies for President Biden's new and unprecedented plan to forgive hundreds of billions of dollars in federal student debt
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