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Browsing: the typical Black borrower will see their balance cut nearly in half

Feature September 1, 2022

President Biden Announces up to $20,000 in Student Loan Relief for Borrowers; Some Black Borrowers to Receive Total Forgiveness

Biden announced up to $20,000 in debt cancellation for Pell Grant recipients and as much as $10,000 to non-Pell Grant recipients.

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