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Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE

Roughly 150,000 student loan borrowers get an email notifying them their debt has been canceled.  (iStock) President Joe Biden’s Administration announced $1.2 billion in student loan forgiveness for qualifying borrowers enrolled in the Saving on Valuable Education (SAVE) plan, according to a White House statement. The move will zero out the …

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