Loan forgiveness plan can wipe out 28% of South Carolinians debt, data says | 103.5 WEZL

President Biden announced people that make less than $125,000 per year would be eligible for the $10,000 loan forgiveness plan. For recipients of Pell Grants, those with the most financial need, the federal government would cancel up to an additional $10,000 in federal loan debt.

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