Connecticut Officials Applaud White House Action on Student Loan Debt
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Joe Biden, at the time as former Vice President, speaks to a Connecticut crowd in 2018. Photo credit: Christine Stuart, CTNewsJunkie
Connecticut has roughly 497,700 student borrowers with an average student loan debt of $35,162.
By Hugh McQuaid, CTNewsJunkie.com
Connecticut officials applauded on Wednesday President Joe Biden’s plan to forgive $20,000 in student loan debt for borrowers who went to college using Pell Grants and $10,000 in student loan debt for borrowers making less than $125,000 a year.
Aiming to make good on a campaign promise, the Biden administration unveiled a proposal to forgive $10,000 for most low and middle income borrowers or $20,000 for borrowers who attended college using Pell Grants. The plan also extends a pause on student loan payments through the end of this year.
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In your student loan debt article you left out important information as to WHO IS PAYING FOR IT??