The White House has denied a report that President Joe Biden will enact $10,000 of student loan forgiveness 

citing that a decision hasn’t been made. Here’s what you need to know — and what it means for your student loans.

Will your student loans get canceled? That’s the question student loan borrowers have been asking for months. 

“No decisions have been made yet,” White House spokesman Vedant Patel told Reuters on Friday. The White House denied a report from the Washington Post that claims:

– Biden will cancel $10,000 of student loans per student loan borrower; and

Student loan forgiveness will be available to individual student loan borrowers who earn up 

to $150,000 in annual income, or married couples who file jointly and earn up to $300,000. 

Earlier this month, the Biden administration floated this same income cap to qualify for student loan forgiveness. Notably, this potential income cap is