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Biden Administration Transfers Another $7.7 Billion In Student Debt To Taxpayers
The Biden administration is transferring another $7.7 billion in student debt to taxpayers, the latest installment in President Biden’s campaign to use executive power to make good on a campaign promise that was thwarted by the courts.
Biden on Wednesday announced he will be erasing $7.7 billion in student debt for 160,000 Americans under the Saving on a Valuable Education (SAVE) plan and other methods adopted by the White House.
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