US President Joe Biden Expected To Announce Student Loan Relief

US President Joe Biden is expected to announce student debt relief on August 24, and an extension of the current pay freeze. The move comes a week before the White House's self-imposed August 31 deadline, which has sent millions of Americans into a frenzy over the Department of Education's recommendation. Biden's proposed legislation will offer at least USD 10,000 in loan forgiveness for those earning less than USD 125,000 yearly.