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Financial footprint of student loan debt

Ethan Miller of Planning for Progress and Laurel Taylor of Candidly

Surveys show student loans are a massive financial impediment for many. A recent Biden administration proposal to reduce or forgive some debt would help a small portion of borrowers.

Student loan debt is causing borrowers to put financial goals on hold, even as expanded forgiveness and repayment options offer help to some.

On Wednesday, the Department of Education published its plans to alter the regulations on debt collection for federal student loans, allowing it to waive b

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