The White House plan to cancel student loan debt has many moving parts — and a lot of unanswered questions. Fred Amrein, founder of PayforED consulting firm in Newtown Square, Pennsylvania, makes a living tackling the complex landscape that is student debt. And he recommends borrowers start taking some steps now to prepare. First, 43 million Americans qualify for debt cancellation of $10,000, or $20,000 if they received a Pell grant, under the proposed plan. Even those in default can apply. Income caps limit who qualifies: Individuals' income must be less than $125,000, while married couples f...
Confused about next steps for student loan relief? This expert has some answers
September 12, 2022 6:35PM ET




