Chicago Tonight

President Biden Announces Student Debt Forgiveness Plan

Clip: 08/24/2022 | 11m 16s

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President Joe Biden is out with a plan that cancels up to $10,000 in federal loans for those making less than $125,000 a year. Low-income students who received Pell Grants will see their balance decline by double that at $20,000. The White House estimates the relief plan will impact more than 40 million borrowers nationwide.

Aired: 08/24/22 | Rating: NR

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