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Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers

  • The Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers.
  • President Joe Biden states that more than 1 million borrowers have benefited from this program.
  • The PSLF program, established in 2007, cancels federal student loans after 10 years for certain employees.
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