Big Bite: A Timeline | Student Loan Debt Forgiveness

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Meseidy

Aug 26, 2022

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On March 30, 2010, Obama signed the Healthcare and Education Reconciliation Act of 2010.

The act overhauled the student lending program, ending the program that subsidizes banks and other federal institutions for issuing loans. Instead of federalizing the student loan program and allowing students to borrow directly from the federal government.

Before Oba…

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