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883: President Biden's Student Loan Debt Cancellation: Facts, Planning Opportunities, and Commentary

Radical Personal Finance

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Student Loan Forgiveness

There's a limited amount of time during which individuals can apply for wavers to have prior payments that would not normally count towards forgiveness. Remaining balances will generally be forgiven after 20 years of payments. The p s l f programm isn't limited to ten thousand dollars of debt. It can make all of an individual's qualified student debt disappear after ten years of qualified payments.

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