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January 22, 2024

Biden Administration Cancels Another $5 Billion in Student Loans
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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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