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More relief for student borrowers could come under new rules


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With its plan for student debt relief on hold, the Biden administration is pressing ahead on a second front: Slashing monthly payments for more borrowers with relatively low incomes while holding down unpaid balances.

With its plan for student debt relief on hold, the Biden administration is pressing ahead on a second front: Slashing monthly payments for more borrowers with relatively low incomes while holding down unpaid balances.