The debt forgiveness plan would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income. Pell Grant recipients, who typically demonstrate more financial need, would get an additional $10,000 in debt forgiven. The cancellation applies to federal student loans used to attend undergraduate and graduate school, along with Parent Plus loans. #loanforgiveness #biden #texas #newsy ------------------------------------- Newsy is your source for news and analysis covering the top stories from around the world. With persistent curiosity and no agenda, we strive to fuel meaningful conversations by highlighting multiple sides of every story. It’s news with the why. Join our newsletter at http://bit.ly/2q1tepr See more at http://www.newsy.com/ Like Newsy on Facebook: http://www.facebook.com/newsy/ Follow us on Twitter: http://www.twitter.com/newsy