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Dems Propose Expanded Student Loan Bailouts For Government Employees

  • Democrats are pushing new legislation to expand the Public Service Loan Forgiveness Program as a means to get more young people to work for the government.
  • The PSLF “discharges any remaining federal student loan balance after borrowers make 10 years’ worth of payments,” according to the financial website Nerdwallet.
  • “The average balance of borrowers whose loans were discharged under PSLF was $63,962,” Nerdwallet reported.

 

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