What questions or concerns do you have about Biden’s plan to cancel up to $20K in student debt for some borrowers?

721K Wisconsin residents owe more than $23B in student debt, data shows

A WHYsconsin graphic that says, "We want to hear from you"

President Joe Biden’s announced this week that he plans to cancel $10,000 in debt for borrowers making less than $125,000 per year and up to $20,000 in debt for borrowers making less than $125,000 per year who received Pell Grants.

WHYsconsin wants to hear from current and former students who have outstanding federal student loans who may be impacted by this plan. We also want to hear from people who have paid off their loans.

Your stories and questions will help inform our coverage.

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How do you feel the plan will help your economic situation? How much of an impact might a $10,000 or $20,000 reduction have on your overall student debt?

The plan would likely impact hundreds of thousands of Wisconsinites, with recent data showing 721,000 residents owing more than $23 billion. What do you think about the forgiveness window being temporary and not applying to future college students?

Do you have a story to share about already paying off your student loan debt before the Biden plan was announced?