Paying off student loans can seem like an impossible task, especially when high interest rates mean loan amounts keep increasing. But student loan relief can provide a lifeline for borrowers in need.
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A 2024 survey by the Consumer Financial Protection Bureau revealed that nearly 61% of borrowers who received debt relief reported the relief gave them the opportunity to make a beneficial change in their life sooner than they otherwise could have.
But with President-elect Donald Trump poised to take office in January, existing student loan relief programs are in jeopardy,…
