Source: Adam S. Minsky, FORBES, 8/2/22

The Education Department is reportedly prepared to swiftly implement mass student loan forgiveness — if President Biden decides to approve such an initiative. But so far, Biden has remained undecided. Here’s where things stand. As first reported by POLITICO, the Education Department has created systems and procedures to move quickly in implementing a broad student loan forgiveness initiative, if and when Biden gives the word. 

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