Democrats introduced a bill to make student loans easier to pay off after Biden's debt relief. The bill would improve PSLF while lowering interest rates on new student loans. "Simply put, by making loans cheaper to take out and easier to pay off, the LOAN Act will help improve the lives of student-loan borrowers — both now and in the future." Specifically, according to a fact sheet, the Democrats' bill would:Double the Pell Grant by raising the maximum award over five years to $13,000. But Democrats are continuing to laud the loan forgiveness, and House Speaker Nancy Pelosi is on board with taking the relief further.

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