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Biden Cancels Another $7.4 Billion in Student Debt

HeadlineApr 12, 2024

President Biden today announced another $7.4 billion in federal student loan relief. Around 277,000 borrowers will see their debt canceled as part of regulatory updates to existing programs. The new push will mostly benefit borrowers enrolled in SAVE, an income-driven repayment plan, which relieves debt after at least 10 years of repayments.

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