Higher education financing has become a burden for many Americans, with college tuition prices skyrocketing and leaving individuals with overwhelming student debt. Recognizing this issue, the Biden-Harris Administration is taking action to provide relief for borrowers.
The first strategy is the Student Debt Relief (SDR), which aims to address the flaws in the current student debt system. By providing debt cancellation for millions of borrowers, SDR allows individuals to allocate more funds towards basic necessities and pursue their career goals without the burden of overwhelming debt.
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