Biden Withdraws Student Loan Forgiveness
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student loan forgivenessCNBC
•Biden administration withdraws student loan forgiveness plans. What borrowers should know
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.
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