Hundreds of thousands of Minnesota residents will benefit from President Biden’s student loan debt forgiveness plan. More than 788-thousand Minnesota residents have student loan debt. The average borrower owes over 33-thousand dollars. Today, Biden announced his decision to cancel ten-thousand dollars of debt for those earning less than 125-thousand dollars per year. Additionally, those who went to college on low-income Pell Grants qualify for 20-thousand dollars of debt relief on federal student loans.
Minnesota Residents Getting Student Loan Debt Forgiven
By Ashley Hanley|2022-08-25T05:37:52-05:00August 25th, 2022|
About the Author: Ashley Hanley
Ashley (Goettl) Hanley is a North Mankato native and Mankato West graduate who made the switch from TV journalism to radio. After five years at KEYC News 12, Ashley is thrilled to be working for KTOE News. Ashley and her husband John, and son John, enjoy spending time in the community. You can also find Ashley coaching and playing softball and supporting her brother on the MSU football team and her sister with Scarlet athletics. Even though she went to the University of Wisconsin-River Falls, Ashley kept her Minnesota roots and is a big Twins and Vikings fan!