Loophole: Biden Admin Forgives $39 Billion In Student Debt For Over 800,000 Borrowers

As suspected following the Supreme Court’s recent ruling to block the Biden administration’s student loan forgiveness proposal, the administration has created their own loophole to do it anyway. On Friday, the administration announced the forgiveness of $39 billion in student debt for 804,000 borrowers. The new program is thanks to a new regulatory rulemaking process by the Department of […]

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