President Biden releases the student loans forgiveness program that can wipe out part or all citizens’ student loan debt up to $20,000.
You are eligible for the program if your annual income is below $125,000 (individuals) or $250,000 (married couples).
A Pell Grant receiver can get up to $20,000 in student loans forgiveness.
Here’s what you need to know about student loans forgiveness: 1. At what age will my student loans forgiven? Your remaining debt will be forgiven after 25 years of the program.