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Student Loan Cancellation: Congress Proposes 0% Interest Rates For Student Loans. You should be aware of the following information

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1.student loans might raise inflation

The views of certain Republicans, independents, who contend that canceling student loans will result in higher inflation cost $400 billion

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2. Student loans Cancellation

Assumption that widespread student loan forgiveness entails wealth redistribution is being considered by the Biden administration

3. Americans without student loan debt

The most recent data on student loan debt shows that there are 45 million borrowers with a total debt of $1.7 trillion.

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4. Cancellation of student loans: Political Ramifications

Biden will also consider the political ramifications of a widespread student loan forgiveness program.

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5. Next steps with student loans

Before August 31, 2022, Biden promised to make a decision regarding a broad student loan forgiveness program.

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No matter what the president decides, you should be aware of all your alternatives for repaying student loans.

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