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Biden administration to cancel some student loans under $12K

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President Joe Biden's administration announced Friday plans to cancel some student loans.

Students who took out less than $12,000 in federal student loans and have been repaying them for 10 years would have their remaining balance canceled.

Those borrowers must enroll in the Saving on a Valuable Education Plan, known as SAVE, to become eligible.

Read more from the Wisconsin Examiner.

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