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Biden Grants $5 Billion in Student Loan Forgiveness
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Biden administration grants $5 billion in student loan forgiveness to 80,000 borrowers under a temporary program, addressing historical issues with income-driven repayment plans and Public Service Loan Forgiveness.
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How might the student loan forgiveness initiative impact the overall student loan debt situation in the US?
In what ways could the forgiveness initiative affect borrowers' financial decisions and future repayment strategies?
What measures could the Biden administration consider to address the broader issue of student loan debt and its impact on the economy?
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