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The Independent UK
The Independent UK
Business
Faiza Saqib

How to apply for student loan forgiveness – and scams to watch out for

Getty Images/iStockphoto

The cost of colleges has increased over recent years in the United States and paying for fees through savings and investments is not as easy as it used to be.

As of this year, Americans now owe $1.77 trillion in federal and private student loan debt and while the Biden administration tried to decrease that amount, the Supreme Court issued a decision blocking the one-time student debt relief plan.

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