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

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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

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