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Biden Administration Approves Student Loan Forgiveness for 99% of Borrowers Seeking Bankruptcy Discharges
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Biden administration approves student loan forgiveness for 99% of borrowers seeking bankruptcy discharges. The new bankruptcy guidance aims to simplify the process for borrowers experiencing undue hardships. More work is needed to increase awareness of the program.
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How is the new bankruptcy guidance being promoted to increase awareness among borrowers?
What are the criteria for borrowers to receive a full or partial discharge of their student loan debt?
What are the potential benefits of the SAVE plan for borrowers?
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