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The Biden Administration’s Plan for Student Debt Relief Could Benefit Tens of Millions of Borrowers in All Fifty States


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Today, the White House released state-by-state data on how the Biden Administration’s plan for student debt relief will benefit borrowers in all fifty states, Washington, D.C., and Puerto Rico. Last month, President Biden announced his Administration’s plan to give working and middle-class Americans more breathing room by providing up to $20,000 in debt relief to Pell Grant recipients and up to $10,000 to other borrowers. The Biden Administration expects that over 40 million borrowers are eligible for its student debt relief plan, and nearly 20 million borrowers could see their entire remaining balance discharged.

The Biden Administration’s student debt relief plan will help borrowers and families recover from the pandemic and prepare to resume student loan payments in January 2023. Nearly 90% of relief dollars will go to those earning less than $75,000 per year – and no relief will go to any individual or household in the top 5% of incomes in the United States. By targeting relief to borrowers with the highest economic need, the Administration’s actions are also likely to help narrow the racial wealth gap. Nearly 71% of Black undergraduate borrowers are Pell Grant recipients, and 65% of Latino undergraduate borrowers are Pell Grant recipients.

The below analysis from the Department of Education includes state-by-state data on the estimated number of individuals eligible for student debt relief, and the estimated number of Pell Grant borrowers eligible for relief.

In the coming weeks, the Department of Education will release additional details on how individuals across the country can benefit from the Administration’s student debt relief plan. For more information, visit StudentAid.gov/debtrelief.

State or Jurisdiction

Estimated Number of Borrowers Eligible for Student Debt Relief (rounded to the nearest hundred)

Estimated Number of Pell Borrowers Eligible for Student Debt Relief (rounded to the nearest hundred)

AK                                     60,500                                           37,300
AL                                   588,000                                         404,900
AR                                   365,600                                         269,000
AS                                        2,000                                             1,500
AZ                                   810,800                                         554,900
CA                                3,549,300                                      2,340,600
CO                                   698,100                                         419,000
CT                                   454,200                                         238,200
DC                                   105,600                                           60,300
DE                                   116,900                                           68,000
FL                                2,427,600                                      1,716,300
GA                                1,506,100                                      1,039,100
GU                                        6,900                                             4,500
HI                                   111,500                                           65,700
IA                                   408,700                                         248,900
ID                                   201,400                                         144,900
IL                                1,486,600                                         863,600
IN                                   856,400                                         555,500
KS                                   360,900                                         225,500
KY                                   563,300                                         394,000
LA                                   608,100                                         435,200
MA                                   813,000                                         401,200
MD                                   747,100                                         419,400
ME                                   175,000                                         105,300
MI                                1,316,000                                         849,300
MN                                   729,700                                         416,300
MO                                   777,300                                         502,200
MP                                        1,400                                             1,000
MS                                   417,200                                         316,400
MT                                   120,400                                           78,600
NC                                1,190,500                                         785,500
ND                                     82,000                                           49,600
NE                                   232,100                                         136,000
NH                                   175,100                                           85,300
NJ                                1,082,900                                         590,300
NM                                   215,900                                         159,000
NV                                   315,800                                         216,900
NY                                2,258,800                                      1,320,100
OH                                1,677,800                                      1,085,700
OK                                   454,300                                         321,600
OR                                   499,000                                         332,100
PA                                1,717,300                                         988,800
PR                                   275,500                                         241,900
RI                                   133,900                                           75,300
SC                                   681,100                                         458,400
SD                                   109,100                                           65,100
TN                                   795,300                                         542,000
TX                                3,323,200                                      2,306,700
UT                                   282,700                                         206,300
VA                                   965,100                                         566,500
VI                                        7,800                                             4,700
VT                                     72,200                                           37,100
WA                                   697,600                                         423,800
WI                                   685,100                                         412,700
WV                                   213,100                                         145,000
WY                                     49,600                                           31,400
Other                                     10,900                                             7,400
Unknown                                3,770,600                                      1,376,000

 

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