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

Approximately 150,000 student loan borrowers will receive an email notifying them that their debt has been cancelled. (iStock) President Joe Biden’s administration announced $1.2 billion in student loan forgiveness for eligible borrowers enrolled in the Savings for Valuable Education (SAVE) Plan, according to the White House. statement. The measure would zero out the balances of […]