Hundreds of thousands of borrowers in CT would have eligible for student loan forgiveness plan

(WFSB) – Borrowers in Connecticut who would have been eligible for the one-time student debt relief plan numbered in the hundreds of thousands.

Channel 3 was able to learn that the exact number was 321,000.

They were part of the Biden Administration’s plan to offer up to $20,000 in forgiveness to borrowers who made less than $125,000 a year.

Of the 321,000, about 238,000 of those were about to see that relief right before federal courts in several states moved to block the plan.

U.S. Secretary of Education Miguel Cardona spoke to Channel 3 about it.

“At the end of the day, middle class Americans need some help and what I’m hearing from them in traveling the country is they need a little bit of help,” Cardona said. “Prices are going up. That’s what we’re trying to do. I’m confident we’re going to prevail here.”

Nationwide, more than 16 million people in the U.S. were approved for debt relief, Cardona revealed.

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