Join us as we talk through who the new loan forgiveness program will affect and how!
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Hey credit heroes!
In today’s episode, we have some amazing breaking news!
President Biden has announced that all Americans will have $10,000 of their student loans wiped off, and anyone on Pell grants will have DOUBLE that!
This is going to have a huge effect on people’s credit scores, AND the wider economy!
According to federal data, around 43 million Americans have student loan debts, half of them owe less than $20,000, and a third owe less than $10,000. This means that around 14 million Americans are seeing their student loans being WIPED OUT!
In today’s episode, we’re gonna be talking about who qualifies for this, how you can get it and what it means!
Make sure you check it out!
Key Takeaways:
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