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Schumer proposes plan to cancel student loan debt (access required)

U.S. Sen. Charles Schumer has drawn up a plan to cancel up to $50,000 in debt for federal student loan borrowers. The resolution outlines how the next president should use existing executive authority under the Higher Education Act to substantially cancel student loan debt for students in New York and across the country, and ensure there ...

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U.S. Sen. Charles Schumer has drawn up a plan to cancel up to $50,000 in debt for federal student loan ...