By: Sterling Mosley | On Wednesday, the Biden White House once again announced student loan forgiveness for 160,000 borrowers, totaling $7.7 billion that will be transferred to taxpayers. The debt relief came via the Saving on a Valuable Education (SAVE) plan, an income-driven repayment plan, and the Public Service Loan Forgiveness, bringing the total canceled student debt for five million Americans to $167 billion.
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