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Student loan cancellation is here, and the the U.S. Department of Education just cancelled $1 billion of student loans for 72,000 student loan borrowers. These student loan borrowers previously had some student loans cancelled, but now will get full student loan cancellation if they attended a school that engaged in deceptive or illegal practices or closed suddenly.
What do people think about this major decision to cancel student loans? Here is a non-comprehensive, general cross-section of some of the feedback from across social media:
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