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so mj, we know the biden administration has been debate thg plan for months. why did they decide to do it? this is an announcement that has been in the works for so many months now, and the white house officially confirming earlier today some key details cnn reported earlier this week. let me walk you through those top headlines you just mentioned. as you said, $10,000 in debt forgive ness for people who make less than $125,000 a year, and then if you are a pell grant recipient, that amount goes up to $20,000. there is also going to be a pause that currently exists for loan payments for people. that was set to expire, remember, on august 31st. that is being extended one final time until the end of this year, and that s how people who are going to be paying back loans, that payment is going to be capped at 5% of their monthly income. now, as with a lot of policy announcements that come out of this white house, this doesn t have everything that some democrats and some advocat

Joe bidenStudent loan debtCnn newsroomPell grantU sMj leeWhite houseMarch 2020Loan paymentsOn august 31stAugust 31stDoesn tBack loansPolicy announcementsDebt relief43 million