newolddude
Well-Known Member
Where am I lying?You're uninformed.
To smooth the transition back to repayment and help borrowers at highest risk of delinquencies or default once payments resume, the U.S. Department of Education will provide up to $20,000 in debt relief to Pell Grant recipients with loans held by the Department of Education and up to $10,000 in debt relief to non-Pell Grant recipients. Borrowers are eligible for this relief if their individual income is less than $125,000 or $250,000 for households.
- If you received a Pell Grant in college and meet the income threshold, you will be eligible for up to $20,000 in debt relief.
- If you did not receive a Pell Grant in college and meet the income threshold, you will be eligible for up to $10,000 in debt relief
$250,000 seems high for middle class household income: but that's what it takes in DC, Miami, New York, LA etc.