Biden wipes out $10K student debt for those earning under $125K

Biden wipes out $10K student debt for those earning under $125K
Inside Higher Ed by Meghan Brink / August 24, 2022

President Biden announced today that he will cancel up to $10,000 in student debt for Americans earning less than $125,000 per year (or $250,000 for couples filing taxes jointly) with additional relief for borrowers from low-income backgrounds who received Pell Grants. He will also extend the current pause on student loan payments, slated to end Sept. 1, for an additional four months, through Dec. 31.

“In keeping with my campaign promise, my administration is announcing a plan to give working and middle-class families breathing room as they prepare to resume federal student loan payments in January 2023,” Biden said on Twitter.

Read more...

VISIT WEBSITE

Views: 62

▶ Reply to This

JOIN SL 2.0

SUBSCRIBE TO

SCHOOL LEADERSHIP 2.0

Feedspot named School Leadership 2.0 one of the "Top 25 Educational Leadership Blogs"

"School Leadership 2.0 is the premier virtual learning community for school leaders from around the globe."

---------------------------

 Our community is a subscription-based paid service ($19.95/year or only $1.99 per month for a trial membership)  that will provide school leaders with outstanding resources. Learn more about membership to this service by clicking one of our links below.

 

Click HERE to subscribe as an individual.

 

Click HERE to learn about group membership (i.e., association, leadership teams)

__________________

CREATE AN EMPLOYER PROFILE AND GET JOB ALERTS AT 

SCHOOLLEADERSHIPJOBS.COM

New Partnership

image0.jpeg

Mentors.net - a Professional Development Resource

Mentors.net was founded in 1995 as a professional development resource for school administrators leading new teacher induction programs. It soon evolved into a destination where both new and student teachers could reflect on their teaching experiences. Now, nearly thirty years later, Mentors.net has taken on a new direction—serving as a platform for beginning teachers, preservice educators, and

other professionals to share their insights and experiences from the early years of teaching, with a focus on integrating artificial intelligence. We invite you to contribute by sharing your experiences in the form of a journal article, story, reflection, or timely tips, especially on how you incorporate AI into your teaching

practice. Submissions may range from a 500-word personal reflection to a 2,000-word article with formal citations.

© 2026   Created by William Brennan and Michael Keany   Powered by

Badges  |  Report an Issue  |  Terms of Service