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People who borrowed money from the federal government and make less than $125,000 are eligible for up to $10,000 of loan forgiveness. Those who received a Pell grant are eligible for $20,000.
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Biden pledged on the campaign trail to forgive all undergraduate student debt at public, historically black, and minority serving universities and colleges. His current plan falls short of that promise, but it still represents an unprecedented move. How will this decision affect borrowers in Indiana?
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Student loan servicer Navient has agreed to a $1.85 billion settlement with 39 states, including Indiana.
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Martin University, Indiana’s only predominantly Black higher education institution, will clear past-due account balances for roughly two-thirds of its…