President Joe Biden’s administration will forgive between $10,000 and $20,000 in federal student loan debt for individuals making under $125,000 and couples making less than $250,000. Many VERIFY readers have asked us if their loans are eligible for forgiveness, including those who took out Parent PLUS loans. Direct PLUS loans, often referred to as Parent PLUS loans, are federal loans that parents of dependent undergraduate students can use to help pay for college or career school, the Department of Education says on its website. The VERIFY team received several questions about Parent PLUS loans, including whether parents and students are considered separate borrowers and if parents who received Pell Grants are eligible for an extra $10,000 in forgiveness. THE SOURCES The U.S. Department of Education The White House Jessica Thompson, vice president at the Institute for College Access and Success QUESTION #1 Do Parent PLUS loans qualify for debt forgiveness? THE ANSWER: Yes, Parent PLUS loans held by the Department of Education are eligible for debt forgiveness, senior Biden administration officials told reporters. QUESTION #2 Are parents and students considered separate borrowers? THE ANSWER: Yes, parents with a Direct PLUS Loan and students are each eligible for debt forgiveness, the Department of Education confirmed in an email to VERIFY. Jessica Thompson, vice president at the Institute for College Access and Success, explained that Parent PLUS loan borrowers would qualify for forgiveness based on their own income and loan, while their children would separately qualify based on the same factors.