How New Mexico's federal student debt stacks up

ALBUQUERQUE, N.M. (KRQE) – Millions of students are slated to see their dues reduced after the Biden administration's announcement that the federal government will be canceling some student debt. Not everyone will see relief, but data shows that many New Mexicans are likely eligible.The President's plan to cancel debt will not affect private loans. Only federal loans are eligible.In New Mexico, there are more than 226,000 students or former students with outstanding federal loan debt,