So what exactly is a Pell Grant? And why is there a special benefit for people who got one?
Roughly 27 million recipients of Pell Grants will now be eligible for loan forgiveness. But for some, the $20,000 will hardly made a dent. "I know mentioned, you know, $20,000 for Pell Grants, but the people that had Pell Grants had to take out the most loans," Hunt said."So $20,000 isn't helping most of those people in any substantial manner. And the thing that happens every time when we get one of these half measures is, the can gets kicked for another decade."
Relieved of the financial burden, Peña said she could now seriously pursue a graduate degree — something she said she hesitated to consider in the past because of her loans.Pell Grant recipients typically experience more challenges repaying their debt, the Department of Education notes.
True, but the way some colleges charge for tution is so over priced especiallly since the education we received is not wirth 400k once we graduate, and most employers do not pay enough that will help payback loans
Looking for my student loan relief - I should get some right? since I paid off all my student loans? No? Oh, my hard earned tax money is going to pay off other peoples loans? 🤔🤬
I wonder when it will happen, those stuff isn't immediate, I wonder if students that took out a loan for this fall will get it or just past loans
does this mean the fed loan late payments on my credit report are removed also ?
Glad to hear 👂
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Source: chicagotribune - 🏆 8. / 91 Read more »