Biden considering income stipulations on student loan cancellation: report
(The Hill) – President Biden is considering limiting student loan forgiveness to individuals who make below a specific income, three sources familiar with the issue told The Washington Post.Officials are looking at limiting cancellation to those making below $125,000 or $150,000 as an individual or $250,000 or $300,000 for couples who file taxes together.“There’s different proposals floating around the administration about how to structure this,” one person told
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