Biden Admin Announces $16 Million Approved for Pending Student Debt Cancellation Plan

President Joe Biden is continuing to pursue his plan to cancel up to $20,000 in student debt for millions of Americans, and announced more than 16 million Americans have been approved for the program.
In August, Biden announced his plan to cancel up to $20,000 in student debt held by Pell Grant recipients and up to $10,000 in debt held by non-Pell Grant recipients earning less than $125,000 a year. On Friday, the Biden White House provided an update for the plan, saying more than 26 million Americans had either applied or had already been deemed eligible for the debt cancelation program within the first month of its rollout….}