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Do You Qualify for Biden's Student Loan Cancellation Plan?


In late 2022, the Biden administration announced its plan to tackle the soaring student loan debt in the United States. While the plan contained several strategies to help reduce student loan burdens, the most notable was forgiveness of as much as $20,000 in student loan debt for all eligible borrowers.

But what exactly is an eligible borrower? To qualify for Biden's student loan forgiveness, you must meet certain criteria.

Image source: Getty Images.

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Source Fool.com


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