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Biden administration to forgive $39 billion in student debt

Por: The Boston Globe Business July 14, 2023

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The US Department of Education will forgive $39 billion in student debt by updating a technical requirement under a long-existing program.The change, announced Friday, will help more than 804,000 borrowers. It comes as the Biden administration pursues alternatives to a $400 billion student loan forgiveness plan that the The new plan counts more payments toward a forgiveness program that kicks in when struggling borrowers have made the equivalent... + full article



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