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Study: Biden's Thwarted Student Loan Forgiveness Plan Increased Borrower Distress
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A new study suggests that borrowers who expected student loan forgiveness under the Biden administration's thwarted plan made financial decisions leading to increased distress, including reduced payments and delayed durable purchases, resulting in higher costs.
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A new study suggests that borrowers who expected student loan forgiveness under the Biden administration's thwarted plan made financial decisions leading to increased distress, including reduced payments and delayed durable purchases, resulting in higher costs.
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This article was originally published by CNBC.
