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Biden administration forgives $39 billion in student debt for more than 800,000 borrowers
The Biden administration announced it would automatically cancel education debt for 804,000 borrowers, for a total of $39 billion in relief.
The debt cancellation is a result of the administration's fixes to repayment plans, which included updated counts of borrowers' payments.
https://www.cnbc.com/amp/2023/07/14/biden-forgives-39-billion-in-student-debt-for-some-800000-borrowers.html
