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(2,508 posts)

4. Yes, federal direct loans including Parents Plus and Grad.

Wed Aug 24, 2022, 12:03 PM

Aug 2022

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Biden cancels $10,000 in federal student loan debt for most borrowers [View all] Beachnutt Aug 2022 OP

This cancels over 25% of all student debt Johnny2X2X Aug 2022 #1

up to $20,000 if you had Pell Grants Celerity Aug 2022 #2

I'm going to have to do some digging, but I assume Probatim Aug 2022 #3

Yes, federal direct loans including Parents Plus and Grad. AkFemDem Aug 2022 #4

I took out parents plus. Still owe. But I don't see a reduction. boston bean Aug 2022 #10

No one has had it forgiven yet, it will take until December AkFemDem Aug 2022 #32

I sure hope so. n/t OneGrassRoot Aug 2022 #19

Yup, that's how the CON works Farmer-Rick Aug 2022 #25

I hope some accommodation is made for those who re-fi'ed Amishman Aug 2022 #30

What a Democratic thing to do. Chainfire Aug 2022 #5

I am surprised this has so few recs Stinky The Clown Aug 2022 #6

I'm conflicted Shrek Aug 2022 #11

I doubt The Bopper Aug 2022 #31

heck I got mocked by a voluminous poster on here qazplm135 Aug 2022 #23

Titles like that are misleading, minimizing the forgiven amount chuluma Aug 2022 #7

Great point. live love laugh Aug 2022 #21

Will people get a 1099-C now? D_Master81 Aug 2022 #9

It should count as income. Mosby Aug 2022 #20

Agree 100% n/t SickOfTheOnePct Aug 2022 #24

Because it is a con, a scam, a swindle, a rigged system. Farmer-Rick Aug 2022 #26

how can pell grants be forgiven? that part confuses me... samnsara Aug 2022 #12

It doesn't say Pell grants are forgiven SickOfTheOnePct Aug 2022 #15

Pell grants? Are they still around? Farmer-Rick Aug 2022 #27

LOL, the student loan website is crashed Sympthsical Aug 2022 #13

Amazing how little interest this event has generated on DU iemanja Aug 2022 #17

His plan is radical! Johnny2X2X Aug 2022 #18

Great news! Dopers_Greed Aug 2022 #22

That will clear 9 million borrowers Farmer-Rick Aug 2022 #28

The repayment changes Johnny2X2X Aug 2022 #29