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Published 1 month ago

Biden cancels $6 billion in student loan debt for 78,000 public service workers

  • The Biden administration will forgive $5.8 billion in student debt for 77,700 borrowers through the Public Service Loan Forgiveness program.
  • Nearly 4 million people have had their education debts cleared, totaling $143.6 billion in relief, due to actions taken during Biden's administration.
  • The administration is pursuing an alternative plan for widespread debt cancellation after a previous plan was rejected by the Supreme Court.
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