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Download full textCook, Bryan; Tilsley, Alexandra – Urban Institute, 2022
In August, the Biden administration announced a plan to forgive up to $10,000 in federal student loans for almost all borrowers, with up to an extra $10,000 for borrowers who had received Pell grants. The additional forgiveness for Pell borrowers intends to address the racial wealth gap, as Black and Hispanic students are more likely to receive…
Descriptors: Student Loan Programs, Loan Repayment, Federal Aid, Grants
