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Wednesday, February 25, 2026

Biden approved $9 billion in student loan debt relief. Here’s what you need to know.

The aid will benefit 125,000 borrowers, including 53,000 people who worked in public service for a decade or more. President Joe Biden announced this week that his administration has signed off on $9 billion in student loan debt forgiveness for 125,000 people across the United States. “By freeing …

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