Seven state attorneys general, and an eighth from Puerto Rico, have called upon President Joe Biden to fully cancel federal student debt estimated at more than $1.6 trillion.
The U.S. Education Department reports more than 43 million borrowers on average owe $37,000 in student loan debt. The USED already has forgiven $17 billion in student loan debt held by 725,000 borrowers since the beginning of the Biden administration.
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