WSAR NEWS

White House to Help Student Debt in MA & RI

According to CBS 12 in Providence, the White House announced yesterday that more than 209,000 Rhode Islanders are eligible for student debt relief from the Biden administration’s student loan forgiveness program while another 1.2 million are eligible in Massachusetts. Over 133,000 in Rhode Island 813,000 in Massachusetts are eligible non-Pell Grant borrowers as The remaining individuals are eligible Pell Grant borrowers. Pell Grant recipients are eligible for up to $20,000 in relief, while other borrowers are eligible for up to $10,000. The White House expects that more than 40 million borrowers in total are eligible for its student debt relief plan, and nearly 20 million  could see their entire remaining balance discharged. 

 

Payments are still set to resume in 2023.

Facebook