Some borrowers may pay a higher price as a result of Biden's new student loan forgiveness changes.

As inflation fears grow, Biden is getting closer to making a decision on student loans.

White House staffers have crafted an order erasing certain student loan debt,

But they're awaiting for President Joe Biden to decide whether or not to go forward with it.

Significant new federal student loan forgiveness efforts are being implemented by the Biden administration.

These schemes may eventually assist millions of debtors in getting their student debts forgiven.

Biden's decision to extend the payment moratorium means that

"No one has been required to pay a single dime of student loans 

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since the President took office," According to a White House spokesperson,

With $18.5 billion in targeted debt relief to more than 750,000 borrowers 

who meet the requirements of the Public Service Loan Forgiveness programmer.

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