Over 747,000 Marylanders Qualify For Student Debt Relief
Over 747,000 Maryland residents qualify for student debt relief.
(AP)—The Biden administration has released new data estimating how many borrowers in each state can get at least some of their federal student debt canceled. It ranges from more than 3 million in California and Texas to fewer than 50,000 in Wyoming.
In total, the data show nearly 40 million Americans will be eligible for President Joe Biden’s student debt forgiveness. Those with incomes of less than $125,000 will be eligible for $10,000 in cancellation. People who received federal Pell grants to attend college can get another $10,000.
The new estimates, released Tuesday, also show how many Pell grant recipients are eligible for debt cancellation in each state. In states like Mississippi and New Mexico, roughly 75% of people eligible for debt cancellation received Pell grants, meaning they can get $20,000 erased. Here are some tips for localizing the story.