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Forgiving student debtCNBC
•77% Informative
40 million Americans who were repeatedly promised a reduction to or complete elimination of their debt will have to prepare to restart or continue making their monthly payments.
Many of those plans are tied up in legal battles from lawsuits brought by Trump 's fellow Republicans .
Outstanding education debt in the U.S. exceeds $1.6 trillion , according to a report.
While in office, Trump halted a regulation aimed at providing loan forgiveness to those defrauded by their schools.
"Forgiving student debt is a massive windfall to the rich, to the college educated, and most of all to the corrupt university administrators of America ," Sen. JD Vance wrote on X in April 2022 .
VR Score
79
Informative language
79
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25
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