Welfare Info

US Consumer Financial News

Student Loan Debt Forgiveness Announced

Do You Qualify for Student Loan Forgiveness?

This one-time debt relief is provided by the U.S. Department of Education (ED) as part of the Biden-Harris Administration student debt relief plan.

  • Up to $20,000 in debt relief if you received a Federal Pell Grant in college and meet the income requirements
  • Up to $10,000 in debt relief if you didn’t receive a Federal Pell Grant in college and meet the income requirements

Americans with Student Loans may receive a partial or full discharge up to $20,000

US Department of Education StudentAid.gov