What Biden’s student loan forgiveness plan means for Marylanders

Most people with federal student loans are eligible for some forgiveness, under the plan President Biden announced last month: up to $20,000 for low-income recipients of Pell Grants, $10,000 for other borrowers. What does this mean for Marylanders? Tisa Silver Canady founded the non-profit Maryland Center for Collegiate Financial Wellness. She says this plan moves toward addressing the failures of the federal financing system. Plus, two graduates share their student loan experiences. Links:FACT SHEET: President Biden Announces Student Loan Relief for Borrowers Who Need It MostThe Biden-Harris Administration's Student Debt Relief Plan ExplainedDo you have a question or comment about a show or a story idea to pitch? Contact On the Record at: Senior Supervising Producer, Maureen Harvie she/her/hers [email protected] 410-235-1903 Senior Producer, Melissa Gerr she/her/hers [email protected] 410-235-1157 Producer Sam Bermas-Dawes he/him/his [email protected] 410-235-1472