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Lesson learned on student loans: Biden goes for a smaller forgiveness program this time ...Middle East
While President Biden’s new student loan relief program for 804,000 borrowers won’t assist anywhere near the 26 million Americans he had been aiming for with his previous plan, this one is seemingly fully legal and won’t be knocked down by the Supreme Court. And instead of eliminating more than $400 billion in student debt, only a tenth of that, $39 billion, will be wiped out. But for those 804,000, the help is welcome.
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