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President Joe Biden announced a sweeping new program to forgive federal student loan debt, with thousands of individuals now eligible to have at least $10,000.

United statesDonald trumpJoe bidenDepartment of educationCollege investorOffice of student aidEducation departmentPresident joe bidenPell grantFederal officePresident donald trumpMust applyAutomatically given loanForgiven debt taxableAmerican rescue plan actStudent loans