The White House says Biden is considering student-debt forgiveness for Americans making less than $125,000 a year

The White House confirmed reports that President Joe Biden is considering linking student-loan forgiveness to income.

"The president talked back on the campaign trail about taking steps or looking at steps to help people making less than $125,000 a year, so that is the frame through which he is making considerations at this point," Press Secretary Jen Psaki told reporters on Tuesday.

This confirms reporting over the weekend from The Washington Post, which stated Biden is looking at capping relief for individual student-loan borrowers earning less than $125,000 to $150,000, or $250,000 to $300,000...