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Biden pauses interest rates for 800,000 student loan borrowers

Por: Newsweek Nation October 30, 2023

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The Department of Education has paused interest rates for 800,000 student loan borrowers after many individuals never received their bills on time.Roughly 2.5 million student loan borrowers faced billing mistakes, according to the Education Department's statement on Monday.This occurred because one of the agency's loan servicing companies, Missouri Higher Education Loan Authority (MOHELA), did not send out billing statements on time... + full article



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