The White House is leaning toward forgiving up to $10,000 in student loan debt for individuals making up to $125,000 annually.
Since March 2020, federal student loan borrowers have been given a reprieve from monthly payments. But with student loan payments currently set to resume in September, the White House and President Joe Biden have major decisions to make.
Biden has said in the past he would be open to forgive up to $10,000 in student loan debt through executive order. "We've been talking daily about this, and I can tell you the American people will hear within the next week or so from the president and the Department of Education," he said.
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