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Biden administration plans to make sweeping changes to 'broken' student loan system

Summary by Ground News
Proposed regulations would establish a "broader standard" for considering borrower defense claims. This includes expanding the types of misconduct that can qualify for such a claim to include "aggressive and deceptive recruitment practices" The move is yet another step in the Biden administration's effort to improve the student loan forgiveness system.

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Bias Distribution

  • 69% of the sources are Center
69% Center
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Forbes broke the news in United States on Wednesday, July 6, 2022.
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