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Biden Administration Cancels Another $5 Billion in Student Loans

HeadlineJan 22, 2024

President Biden on Friday canceled nearly $5 billion in student loan debt for 74,000 people. It’s the latest effort by the administration to provide much-needed relief to borrowers after the Supreme Court last year threw out Biden’s plan to erase over $400 billion in debt for millions of people. The latest move will benefit teachers, nurses, firefighters and other public service workers, among others.

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