Biden to call for $10,000 federal student loan forgiveness per borrower
President Joe Biden expected to call for $10,000 in student loan forgiveness for borrowers.
HOUSTON - On his first day in office, President-elect Biden is expected to call for $10,000 in federal student loan forgiveness for borrowers and continue the pause on federal student loan payments.
Those moves and other proposals could be a huge relief to 3.6 million Texans. Student Loan Hero says they have an average of $31,000 in student loan debt. I don t want to drop out of school, so, ok let me go in, I ll pull loans out in my name, said Kaitlyn Allen.