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Nightly News
Biden’s decision to forgive some student loan debt sparks controversy
Catch up with NBC News Clone on today's hot topic: Biden S Decision To Forgive Some Student Loan Debt Sparks Controversy 147014213940 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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A fierce debate over fairness is occurring after President Biden announced the government will erase $10,000 in federal student loans for those making less than $125,000. Republicans and moderate Democrats are very critical of the decision, while some progressives wanted him to go further. There are still questions over how Biden’s announcement will impact inflation, while a non partisan group says it will cost taxpayers $500 billion.Aug. 25, 2022
