
In Pennsylvania, 1.7 million people qualify to receive federal student loan forgiveness
The data came from a breakdown analysis of states and territories where borrowers qualify for the debt relief.
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July 25th, 2023According to Higher Ed Dive, the White House and U.S. Department of Education last month released new details about how many borrowers are expected to receive federal student loan forgiveness in each state.
In August, President Joe Biden announced the debt forgiveness plan he had been promising since his campaign — the cancellation of up to $10,000. For borrowers who received federal Pell Grants, which generally go to those from low-income households, the cancellation can go up to $20,000.
In Pennsylvania, more than 1,7 million people qualify to receive federal student loan forgiveness — meaning 13.3% of the state’s population. From those borrowers, almost a million of them, 57.6%, received Pell Grants.
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California and Texas are the states where more borrowers are expected to be eleigled, but that was already expected as those states have the largest populations in the country.
When talking about the states’ percentage of borrowers, California and Texas fall behind. Ohio, Mississippi and Georgia, with around 14% each, are among the states with a larger share of their populations qualifying for debt forgiveness. Washington, D.C. at nearly 16% is also on top.
Regarding students who received Pell Grants, Puerto Rico and Mississippi are among jurisdictions with the highest shares of borrowers, at almost 88% and 76%, respectively. On the other hand, New England states have the lowest shares — with New Hampshire, at 48.7%, being the lowest.
If you want to learn more about other states, click here.
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