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Biden Administration’s Plan for Student Debt Relief

Could Benefit Tens of Millions of Borrowers in All Fifty States

                                       dept of education

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

        &am

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