When the U.S. government bailed out student loan lenders during the Great Recession, legislators unintentionally set off a series of cascading events that has left more than 6 million student loan borrowers locked out of a crucial benefit more than 10 years later amid the coronavirus pandemic.
Two consumer advocacy groups are pressing the Biden administration to change that.
“The Trump administration exercised executive authority to cancel student loan interest charges and pause loan payments…
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