Trending...
- Bountiful Bowl Aims to Raise $50,000 to Support Meals on Wheels of the Greater Lehigh Valley
- New Research Spotlight, Expanding TUSC2 Science & Strategic Development Milestones Put Gene Therapy Innovation into Focus for Genprex (NAS DAQ: GNPX)
- WebDrafter Welcomes Dreamwork Exteriors as a New Marketing Client
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
- P-Wave Press Announces Becoming Dad: Reflections for New Fathers by L. A. Davenport
- Logicraft Launches FuelDeck™, AI That Turns Aviation Fuel Tickets Into One Traceable Ledger
- Inaugural OC Tech Week Draws 3,000 From 12 Countries, Sends Finalist to $1M Startup World Cup
- Award-Winning American Hotelier Opens Art-Filled Luxury Cottage in Norfolk, England
- K2 Global / Ozi Amanat Named Among Top 100 AI Venture Capitalists in 2026
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
- TradeJARnal Launches Innovative Trading Journal to Help Stock and Options Traders Build Discipline and Smarter Trading Habits
- Pursant Founder Mark Herbick Joins STS Capital Partners as CEO
- Tampa Holiday Sessions: Captured by Mallary Opens 2026 Christmas Minis With Two New Sets
- Tampa Web Design Launches New Website for Entrepreneur and Capital Markets Advisor Martin Sumichrast
- Miami Dade College and World Affairs Council of Miami announce Navarro-Cabrera scholarship
- Bridging Canvas and Cosmos: How Bioengineer Farin DeBose Captured the Essence of "True Science"
- RPP to host first Professional Padel Week in Miami and announce the 2026 USA Awards winners
- UK Financial Ltd. Announces Maya Preferred PRA as First Fully Verified Asset on MAYA CHAIN; Chainlink Proof of Reserve Integration Planned for Network
- ALight Technology And Services Limited Advances Through Peachscore + Dealum Accelerator and Join LvlUp Labs
- NAO Releases Shopping Intelligence to Streamline Your Quest for Value
- International Misophonia Foundation Launches Sensory Accessible Technology Initiative to Address Overlooked Digital Accessibility Barriers
- The Robert Travers Team of Long & Foster Marks 300+ Homes Sold, Expands Seller Representation
- CLINIMED Becomes First Liposuction Cannula Maker to Offer 3D and AR Models of Its Cannula Range
- RAS AP Consulting Advances 1099 Education and Readiness Initiative Through IFOL Training and Finance Technology Showcase
- Heritage at Manalapan Announces New 3.875% First-Year Mortgage Rate Buydown (7.11 APR)
- Conservative Latinos for PA PAC Endorses Stacy Garrity for Governor: "Pennsylvania's Latino Families Need a Leader Who Delivers"
- AthleteMerch.com Surpasses 100,000 Custom Items Delivered to Fans Nationwide
- MoMojo Records Signs Gary Nicholson
- Steve Weclew is Appointed by STS Capital Partners as Managing Director
- Communities In Schools of Eastern Pennsylvania Honors United Way and Local Leaders