Home News Biden administration to forgive $1.2 billion in student loan debt, impacting 153,000 borrowers

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February 22, 2024

Biden administration to forgive $1.2 billion in student loan debt, impacting 153,000 borrowers

By MEGAN TOMASIC Pittsburgh Post-Gazette

(TNS) — The Biden administration this week announced that it will automatically discharge the student loans of nearly 153,000 borrowers, wiping out around $1.2 billion in debt.

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