$6 Billion In Student Loans Are Cancelled By Biden Administration

Biden administration canceling $6 billion in student loan debt for 200,000 borrowers – Fox Business The Biden administration reached a deal this week to cancel $6 billion in federal student loan debt for about 200,000 borrowers who attended mostly for-profit colleges. The Project on Predatory Student Lending celebrated the “momentous proposed settlement” on Thursday. A hearing for the judge to give the final sign-off is scheduled for July 28. The Biden administration has canceled billions …

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