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Biden’s student loan forgiveness plan could lower debt for more than half of Texas college graduates

People earning $125,000 or less will see $10,000 eliminated from their student loan debt. People in that group who received federal Pell Grants will see $20,000 in debt eliminated, a move intended to help low-income borrowers.

U.S. President Joe Biden delivers remarks after the the U.S. Supreme Court ruled in the Dobbs v Women's Health Organization abortion case, overturning the landmark Roe v Wade abortion decision, at the White House in Washington, U.S., on June 24, 2022.

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