Trending...
- T-TECH Partners with Japan USA Precision Tools for 2026 US Market Development of the New T-TECH 5-Axis QUICK MILL™
- Inside the Fight for Affordable Housing: Avery Headley Joins Terran Lamp for a Candid Bronx Leadership Conversation
- $80M+ Backlog as Florida Statewide Contract, Federal Wins, and Strategic Alliance Fuel Next Phase of AI-Driven Cybersecurity Growth: Cycurion $CYCU
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
- Philadelphia Startup NoPlex Creates an ADHD/Neurodiversity-Focused Alternative to Productivity Apps
- Tiger-Rock Martial Arts Appoints Jami Bond as Vice President of Growth
- Super League (N A S D A Q: SLE) Enters Breakout Phase: New Partnerships, Zero Debt & $20 Million Growth Capital Position Company for 2026 Acceleration
- Finland's Gambling Reform Promises "Single-Click" Block for All Licensed Sites
- Private Keys Are a Single Point of Failure: Security Advisor Gideon Cohen Warns MPC Technology Is Now the Only Defense for Institutional Custody
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
- Dominic Pace Returns to the NCIS Franchise With Guest Role on NCIS: Origins
- Anderson Periodontal Wellness Attends 5th Joint Congress for Ceramic Implantology
- UK Financial Ltd Completes Full Ecosystem Conversion With Three New ERC-3643 SEC-Ready Tokens As MCAT Deadline Closes Tonight
- AI Real Estate Company Quietly Building a National Powerhouse: reAlpha Tech Corp. (N A S D A Q: AIRE)
- Inkdnylon Expands National Uniform Embroidery Services
- Appliance EMT Expands Appliance Repair Services to Portland, OR and Vancouver, WA
- Next Week: The World's Best Young Pianists Arrive in Music City for the 2025 Nashville International Chopin Piano Competition
- Revenue Optics Builds Out Its Dedicated Sales Recruiting Firm with Strategic Addition of Christine Schafer
- Hydrofast Elevates the Holiday Season: The C100 Countertop RO System Merges Smart Tech with Wellness for the Perfect Christmas Gift
- Melospeech Inc. Accepts Nomination for HealthTech Startup of the Year
- Flower City Tattoo Convention Draws Record Attendance in Rochester, NY
- KIKO NATION TOKEN (Official Release)
- Verb™ Presents Features Vanguard Personalized Indexing: Utilizing Advanced Tax-Loss Harvesting Technology
- Psoriasis Drugs Market Poised to Hit 20 Billion Dollars in 2025 says SNS Research in Latest Report
- UK Financial Ltd Announces A Special Board Meeting Today At 4PM: Orders MCAT Lock on CATEX, Adopts ERC-3643 Standard, & Cancels $0.20 MCOIN for $1
- 6 Holiday Looks That Scream "Old Money" But Cost Less Than Your Christmas Tree
- Tickeron Launches Next-Gen AI Corridor Bots: Consistent Exits for Stocks and ETFs
- From Cheer to Courtroom: The Hidden Legal Risks in Your Holiday Eggnog
- Controversial Vegan Turns Rapper Launches First Song, "Psychopathic Tendencies."
- Inside the Fight for Affordable Housing: Avery Headley Joins Terran Lamp for a Candid Bronx Leadership Conversation