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Financial footprint of student loan debt
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.
Biden takes another $7.4B step in fight to tame student debt
The latest move covers almost 280,000 borrowers in the SAVE, income-driven replacement, and public service loan forgiveness programs.
Up to 26M Americans could get student debt relief under new plan
President Biden hopes his alternative plan will pass scrutiny.
Biden administration cancels $1.2B of federal student loans
The move wipes out loans for those who borrowed less than $12,000 for their higher education.