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Student loan debt drops $10 billion due to Biden Administration forgiveness

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The Federal Reserve Bank of New York reported a $10 billion decrease in student loan debt in the second quarter of 2024, with borrowers ages 40-49 and ages 18-29 benefitting the most, while the Biden administration has proposed regulations to further reduce student loan debt for over 30 million borrowers.

The post Student loan debt drops $10 billion due to Biden Administration forgiveness appeared first on The Atlanta Voice.

Source: Home - The Atlanta Voice

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