Biden administration warns of large increase in student loan defaults without debt forgiveness – CNBC

Biden administration warns of large increase in student loan defaults without debt forgiveness - CNBC
FILE PHOTO: U.S. President Biden speaks about the student loan forgiveness program

(Reuters) – Biden administration has warned of a ‘historically large increase’ in student loan defaults without debt forgiveness, CNBC reported on Wednesday.

(Reporting by Maria Ponnezhath in Bengaluru)

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