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March 4, 2026
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  • The Biden Administration is erasing debts of 150,000 federal student loan borrowers
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The Biden Administration is erasing debts of 150,000 federal student loan borrowers

2 years ago01 mins

The U.S. Department of Education announced it’s erasing $1.2 billion in federal student loans. At the same time, the department is struggled to implement a new application for federal student aid.

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