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April 12, 2024

Biden Cancels Another $7.4 Billion in Student Debt
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President Biden today announced another $7.4 billion in federal student
loan relief. Around 277,000 borrowers will see their debt canceled as
part of regulatory updates to existing programs. The new push will
mostly benefit borrowers enrolled in SAVE, an income-driven repayment
plan, which relieves debt after at least 10 years of repayments.


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