President Biden is delivering remarks after announcing he’s forgiving up to $10,000 in federal student loan debt for Americans earning less than $125,000 a year, and an additional $10,000 for recipients of Pell Grants. “In keeping with my campaign promise, my Administration is announcing a plan to give working and middle class families breathing room as they prepare to resume federal student loan payments in January 2023,” Mr. Biden tweeted on Wednesday.
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