Americans receive $500 in direct irs payments.

Are parent plus loans covered by the discharge of student loans?

According to the President's plan, borrowers of federal student loans are eligible for loan forgiveness of up to $20,000.

Parents and students are already speculating as to whether PLUS loans are covered by this historic agreement.

Does forgiveness of parent plus loans count toward student loan forgiveness?

To pay for education, millions of Americans take out parent plus loans.

Parent plus loans are frequently taken out in the parents' names. The Washington Post reports

Due to the fact that it is still a government loan, it is eligible for Biden's student loan forgiveness programme.

However, there is a $10,000 cap on forgiveness.

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