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

Will student loans be canceled? This is the question that student loan borrowers have been asking for months.

Vedant Patel, a White House spokesperson, told Reuters that no decisions had been made.

According to the Washington Post, the White House denies that such claims were made.

Biden will repay $10,000 in student loans to each student loan borrower

Individual student loan borrowers earning up to $150,000 per year

Married couples filing jointly will be eligible for forgiveness.

Earlier this month, the Biden administration issued a similar income threshold to qualify for student loan forgiveness.