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Student Loan Borrowers Owe $1.6 Trillion. Nearly Half Aren’t Paying.

NYTimes.com Original article ›
LyrArc Article Gist
The need for relief in student loans and the 50% of the $1.6 trillion in student loans in forbearance as young people facing high cost of living and accumulated loan interest struggle to make a living. Student loan relief is one of the cost of living actions taken by president Biden. It is one of a series of cost of living actions taken by president Biden including helping ordinary workers and families meet the rising cost of living.



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