With which money exactly? Not the money the government just "handed" to them, that went straight to the debt repayment. Possibly some would do with income the

With which money exactly? Not the money the government just "handed" to them, that went straight to the debt repayment. Possibly some would do with income they had already set aside for repayment - if the person in question had enough regular income to have had no problems repaying before, and if they nevertheless fall under the required criteria: > Following more than a year of internal debate, the president said Wednesday that he will cancel $10,000 in federal student loan debt for borrowers making under $125,000 a year or couples making less than $250,000 a year. In addition, those who receive federal Pell Grants and make less than $125,000 a year would be eligible for total forgiveness of $20,000, Mr. Biden said. The amount of people falling into that particular bucket seems rather small to me, compared to the amount of people who this will be a genuine help.