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5pm Student Debt Forgiveness Plan Impact 04.06.2021

Credit: WTVQ Lexington, KY
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5pm Student Debt Forgiveness Plan Impact 04.06.2021
5pm Student Debt Forgiveness Plan Impact 04.06.2021

NEW DATA FROM A POLICY WATCHDOG GROUP IN KENTUCKY FINDS THAT... IF PRESIDENT BIDEN GOES THROUGH WITH A PROPOSED STUDENT DEBT FORGIVENESS PLAN... HUNDREDS OF THOUSANDS OF KENTUCKIANS WOULD BENEFIT.

From a policy watchdog group in kentucky finds that... if president biden goes through with a proposed student debt forgiveness plan... hundreds of thousands of kentuckians would benefit.

The plans calls for $50,000 in student loan debt to be forgiven... per borrower.

The kentucky center for economic policy says its data show 489,800 kentuckians.... or 80-percent of kentucky borrowers.... will have the full amount of their student loan debt paid off.

Another 125,800 kentuckians will have a portion of their student loans forgiven.

The group says..

Among kentucky borrowers... the median amount owed is around $18,000.

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