By the Representative. Veronica Escobar
President Biden’s decision to forgive $10,100 inside student loans for individuals making below $125,one hundred thousand and you may $20,one hundred thousand having Pell Grant users could be lifetime-modifying for most El Pasoans, although we need to address the underlying factors behind deep monetary inequity, this is a significant part of ideal guidance.
The latest Biden-Harris administration’s three-region plan to give focused student loan debt settlement contact latest commission inquiries made worse by the pandemic, reforms new student loan program getting newest and you will upcoming individuals, and you will protects borrowers off coming steep develops into the college can cost you.
And the scores of families that can take advantage of this plan round the America, We desire you to look at the confident impacts this tactic usually have towards El Paso.