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The Biden administration announced an additional $7.4 billion in student loan cancellations for some 277,000 borrowers on Friday, building on plans announced earlier this week to provide debt relief for millions of borrowers by the fall if new rules the White House has put forward hold.
https://www.nytimes.com/2024/04/12/us/politics/student-loan-forgiveness-biden.html
https://www.nytimes.com/2024/04/12/us/politics/student-loan-forgiveness-biden.html