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pell grant recipients. those with federal student loan debt can have up to $10,000 forgiven if they are less than 125,000 per year. also lowering monthly cost for millions of americans will bolster the economy. not surprisingly, this is great news for the thousands of people in the bay area that benefit from this. for many san jose state students drowning in student debt, the loan forgiveness plan is a lifeline. the pell grant recipients just learned the present will forget up to $20,000 of his federal loans. under the president s new plan, sophia mckinney will see her federal loan disappear. definitely having that kind of financial burden taken off a little bit has one thing i can take my mind off of. at cal state east bay where more than 70% of students qualified for pell grants, the president s plan is a game changer. our average indebtedness is between 20 to 24,000. debt forgiveness is not the only benefit. he will also forgive extend the pols on paying until
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