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Biden Proposes Student Loan Relief; 23 Million Eligible

On Monday, President Joe Biden unveiled proposals to alleviate student debt, potentially aiding over 23 million Americans. This initiative targets young voters’ concerns, crucial for his re-election bid in November. The plan revealed in Madison, Wisconsin, entails eliminating up to $20,000 in accrued and capitalized interest for borrowers, irrespective of income, benefitting an estimated 23 million individuals.

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