President Joe Biden could announce a decision on wide-scale student loan forgiveness as soon as Wednesday, CNN is reporting. The president is reportedly leaning towards a plan to dismiss $10,000 in federal student loans for borrowers earning less than $125,000. Eligible borrowers would include those with federal Direct Loans, FFELP Loans, Perkins Loans, Parent PLUS Loans and Grad PLUS Loans. Borrowers with private loans would be excluded. The plan has not been finalized and it subject to last-minute revisions, according to the report. It is similar to earlier White House proposals, though Biden had previously backed an income cap of...