https://www.foxnews.com/politics/biden-student-loan
President Biden on Wednesday claimed that his administration’s move to restart frozen federal student loan payments at the end of the year is an “economically responsible course” that will prevent his targeted student loan cancellation from having a “meaningful effect on inflation.”
Biden announced Wednesday that he will deliver on a campaign “commitment” to cancel $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year, and up to $20,000 for Pell Grant recipients, while extending the pause on federal student loan payments through the end of the year.