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Biden administration withdraws student loan forgiveness plans. What borrowers should know

CNBC
Summary
Nutrition label

87% Informative

Proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers.

The combined policies could have reduced or eliminated the education debts of millions of Americans .

Biden 's latest plans became known as a kind of "Plan B" after the Supreme Court struck down his first major effort to clear people's student loans.

VR Score

88

Informative language

86

Neutral language

75

Article tone

formal

Language

English

Language complexity

67

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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