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State of the U.S. Economy & New Twitter Controversy | 9.8.22

Morning Wire

The President's Plan to Forgive Ten Thousand Dollars and Student Loans

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The administration has quietly enacted a far more expansive forgiveness programme for government and on profit employees. The public service loan forgiveness programme, or p s l f, has been around since two thousand seven. From its inception until then, the programe only forgave a total of a billion dollars. In the last ten months alone, it's forgiven ten billion dollars, covering a hundred and 50 thousand workers.

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