White House estimates over 60K Alaskans to benefit from student loan forgiveness plan


Tens of thousands of Alaska residents are expected to receive student loan forgiveness, according to new data.

Weeks after President Joe Biden announced his plan to provide up to $20,000 in student debt cancellation for students across the country, the White House released a fact sheet detailing just how many borrowers are expected to benefit from state-by-state.

It’s estimated that 60,500 borrowers in Alaska will receive the baseline $10,000 in loan forgiveness, and of those borrowers, an estimated 37,300 who received a Pell Grant are expected to receive an additional $10,000 in forgiveness to total $20,000, according to the White House.

The number of borrowers in Alaska constitutes

→ Continue reading at Homer News

Share this article

Recent Articles