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Biden Administration to cancel $6 billion worth of student loan debt

The Biden administration is canceling more than $6 billion worth of federal student debt.

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The Biden administration is canceling more than $6 billion worth of federal student debt.

Highlights

  • The Biden Administration is canceling more than $6 billion worth of federal student debt.
  • 100,000 people are eligible for the ‘Forgiveness Program’ The program was launched 15 years ago, but has been changed in October.
  • Some have until October to apply for the forgiveness program, which means they have until November 1 to get their debt back on the books.
  • For more information on student loan debt cancellation, click here at CNN.com/Heroes.com and the U.S.
  • Department of Education is in contact with the National Institute of American Studies at 1-800-273-8255 (http://www.jenneth.com)