Skip to content

Will Biden Forgive More Than $10,000 in Student Loans? Education Department Prepares Just in Case

  • Education Department studies targeted relief beyond $10,000
  • President has expressed concern about high-income borrowers
Updated on

While President Joe Biden draws out his decision on forgiving student loans, progressive lawmakers, civil rights groups, labor leaders and other advocates are taking the opportunity to press him to aim for more than $10,000 per borrower.

They’re getting a hand from policy experts within the Department of Education, who have started to study mechanisms to automatically forgive larger amounts of debt for low-income borrowers, according to two people familiar with the agency’s work.