Biden administration to cancel nearly $5 billion in student debt for 80,000 borrowers

Biden administration to cancel nearly $5 billion in student debt for 80,000 borrowers

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More than 80,000 borrowers will receive nearly $5 billion in student-loan cancellation, the Department of Education announced Wednesday. The 80,300 borrowers who are part of this announcement are public servants who have been in repayment on their loans for at least 10 years and borrowers in any…

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