19,000 local students — from last year alone — may see up to $20K in loan forgiveness
Sara Walker (with her son, Tristan Cook, and cat, Mitch) owes $30,000 in student loans for a degree she hasn’t completed. But her debt could soon be reduced to $10,000. (Patrick Lantrip/Daily Memphian)
A large number of Memphians could to see a dramatic reduction in their debt load, under a new student loan forgiveness program from President Joe Biden. But is that a good thing?
Topics
college loan forgiveness PELL grant Subscriber Only University of Memphis John Gnuschke Alan Crone Paycheck Protection Program Tennessee Promise Holly Keating Holly BrownThank you for supporting local journalism.
Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.
Jane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.