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Fortune
Fortune
Alicia Adamczyk

Biden's argument for student loan forgiveness is borrowers suffered financially during the pandemic. It's more complicated than that

Woman calculating finances at home (Credit: damircudic)

The student loan pause has been pretty helpful for millions of Americans.

As the U.S. Supreme Court prepares to hear arguments for and against President Joe Biden's widespread student loan forgiveness, an analysis finds that many borrowers are on similar or stronger financial footing now than they were before the COVID-19 pandemic, thanks to relief measures put in place over the past three years.

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