"Biden's $9 Billion Student Debt Relief: A Boost for Borrowers"

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Source: Reuters
"Biden's $9 Billion Student Debt Relief: A Boost for Borrowers"
Photo: Reuters
TL;DR Summary

President Joe Biden has announced an additional $9 billion in student debt relief for 125,000 borrowers, bringing the total approved debt cancellation by his administration to $127 billion for nearly 3.6 million Americans. The new measures include debt relief for borrowers under Public Service Loan Forgiveness programs, fixes to "income-driven repayment" for eligible borrowers, and discharge for borrowers with disabilities. Biden emphasized the importance of this relief for individuals and the economy as a whole.

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