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White House releases state-by-state student debt forgiveness estimates

Summary by Ground News
On Tuesday the White House released state-by-state data on the benefits of the new student debt relief plan. On Aug. 24, President Biden announced a long-awaited plan to bring debt relief to millions of student loan borrowers. Pell Grant recipients are eligible to receive $20,000 in relief. The relief will help narrow the racial wealth gap as 71% of Black borrowers are Pell Grant recipient and 65% are Latino.
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