Biden administration announces student debt relief

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Biden administration announces student debt relief
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Biden announces new round of student debt relief

WASHINGTON -Tens of millions of Americans will resume payment of their student loans in October. Wednesday, President Biden announced an Education Department program that will provide debt cancellation for more than 125,000 borrowers.

“This kind of relief is life changing for individuals and their families, but it’s good for our economy as well,” said President Biden, adding, “by freeing millions of Americans from the crushing burden of student debt, it means they can go and get their lives in order.”

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