Biden's Help With Debts: Who Gets It And When?

The article addresses questions about the plan of the administration of U.S. President Joe Biden to cancel up to 20,000 million dollar-worth of federal student loans and to extend pause on student loan payments. Topics include qualifications for debt cancellation, types of debt that qualify, tax requirement to qualify for debt cancellation, adjustment of monthly debt payment, income-driven repayment plan, default loans and overlap with public service loan forgiveness.