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Biden administration announces $4.3B in student loan forgiveness

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The Biden administration on Friday announced another round of student loan forgiveness.

The announcement calls for nearly $4.3 billion in student loan debt relief for 54,900 borrowers who work in public service.

President Joe Biden has reportedly cleared nearly $180 billion in student loan debt for 4.9 million people during his tenure.

Read more from CNBC.

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