Trending...
- Sidow Sobrino, the One and Only World's No.1 Superstar®, Launches Dangerous Joy
- Andrew Tate Says Los Angeles Is "Where I Belong" as He Hints at USA Move
- People & Stories/Gente y Cuentos Welcomes Two New Trustees as Organization Enters 54th Year and Expands Community Reach
Governor Tom Wolf announced today that more than 1.7 million Pennsylvanians are eligible for the Biden Administration's student debt relief plan.
"The president's plan will change countless lives in Pennsylvania. It will provide relief not only for the debt holders, but for their families and their communities," Gov. Wolf said. "I'm grateful that President Joe Biden recognized the positive impact of providing this relief program and I encourage all those paying student loans to check their eligibility and use this opportunity to shed crippling debt and bring their dreams a bit closer to reality."
These student loan borrowers will not be taxed by the state for this relief.
In August, the Biden Administration announced its plan to cancel up to $20,000 in student debt for eligible borrowers. The Student Debt Relief Plan is designed to help borrowers and families continue to recover from the pandemic as they prepare to resume student loan payments in January 2023. Nearly 90% of relief dollars will go to those earning less than $75,000 per year.
More on The PennZone
In Pennsylvania, there are 1,717300 borrowers who are eligible for debt relief, including 988,800 who are eligible for $20,000 in debt relief, and 731,000 who will have their federal loans completely forgiven, according to the federal Department of Education (DOE).
"This debt relief plan means more breathing room for millions of families," U.S. Secretary of Education Miguel Cardona said. "It means renters pursuing the dream of homeownership It means parents who thought they'd be paying student debt for the rest of their lives will, for the first time, be able to save for their children's college education."
More information on the program is available at www.studentaid.gov/debtrelief. In October, the DOE will contact eligible borrowers and make the relief application available.
Governor Wolf is a leader consistently at work for the people of Pennsylvania. Learn more about how his Priorities for Pennsylvania have fueled the commonwealth's comeback, leaving Pennsylvania in a much better place than when he arrived.
SHARE Email Facebook Twitter
"The president's plan will change countless lives in Pennsylvania. It will provide relief not only for the debt holders, but for their families and their communities," Gov. Wolf said. "I'm grateful that President Joe Biden recognized the positive impact of providing this relief program and I encourage all those paying student loans to check their eligibility and use this opportunity to shed crippling debt and bring their dreams a bit closer to reality."
These student loan borrowers will not be taxed by the state for this relief.
In August, the Biden Administration announced its plan to cancel up to $20,000 in student debt for eligible borrowers. The Student Debt Relief Plan is designed to help borrowers and families continue to recover from the pandemic as they prepare to resume student loan payments in January 2023. Nearly 90% of relief dollars will go to those earning less than $75,000 per year.
More on The PennZone
- T. Jones Group's Cameron Jones Serves as Judge for the 2026 CHBA National Awards for Housing Excellence
- The AI Direction Deficit: TripleTen Study Finds Staff Get Told to Use AI — But Not Trained to Use It
- Edwards & Virginia Business Systems Announces Leadership Appointments
- $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
- All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
In Pennsylvania, there are 1,717300 borrowers who are eligible for debt relief, including 988,800 who are eligible for $20,000 in debt relief, and 731,000 who will have their federal loans completely forgiven, according to the federal Department of Education (DOE).
"This debt relief plan means more breathing room for millions of families," U.S. Secretary of Education Miguel Cardona said. "It means renters pursuing the dream of homeownership It means parents who thought they'd be paying student debt for the rest of their lives will, for the first time, be able to save for their children's college education."
More information on the program is available at www.studentaid.gov/debtrelief. In October, the DOE will contact eligible borrowers and make the relief application available.
Governor Wolf is a leader consistently at work for the people of Pennsylvania. Learn more about how his Priorities for Pennsylvania have fueled the commonwealth's comeback, leaving Pennsylvania in a much better place than when he arrived.
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- KT Medical Staffing Expands Concierge Nursing and Private Duty Nursing Services in Orange County
- The Millennium Alliance Achieves Great Place To Work® Certification™ Amid Continued Growth
- The Millennium Alliance Appoints Former Adweek Executive Eric Hayden Shakun as Chief Financial Officer to Accelerate Next Phase of Growth
- T. Jones Group Named Finalist Across Multiple Categories at the 2026 Georgie Awards
- Circa 1825-1835 Columbia / Eagle flask sells for a record $177,840 in Glass Works Auctions' online auction held May 4th
- The Simplest Small Business You're Probably Not Thinking About
- San Francisco Writer Wins Webby Award, Internet's Highest Honor, for Website Based on her Novel
- EDC Weekend Comedy Special Featuring Don Barnhart & Friends — Use Promo Code FRIEND for 50% Off
- N Y S E: OTH Off The Hook YS Is Building a Vertically Integrated Marine Empire — And Investors Are Starting to Notice
- Concierge Title Agency Merges with Independence Title, Inc. to Deliver an Expanded Concierge Closing Experience Across South Florida
- Together We Dance Foundation Steps Up for Family in Need of Safe Transportation
- Grow My Security Company Launches Next-Generation Website and Expands Strategic Marketing Solutions for the Security Industry
- $4.8M in Contracted AI Revenue with Projections of $30M Over 6-12 Months for Diversified AI Software and Platform-Based Services Provider XMax Inc
- Michelangelo's Great Secret Hiding in Plain Sight
- Virginia Marchese's Paradox: A Nation Still Deciding Who Belongs Examines Race, Migration, Law, and America's Unfinished Struggle for Equality
- From Blank Page to Published Book
- Larry R. Wasion's Jump Gate III RoadMaker Blends Cutting-Edge Sci-Fi with High-Stakes Space Exploration and Complex Technologies
- Ed, Edd n Eddy, Resident Evil, Anime Voice Actors Augment FAN EXPO Philadelphia Lineup
- American Mensa and Davidson Institute Join Forces To Strengthen Support for Profoundly Gifted Youth
- SpeedyIndex Rolls Out Automated API for Mass URL Verification, Solving the Backlink Blind Spot for SEO Agencies