The Trump administration says it will cancel student debt for millions of borrowers under a new agreement with the American Federation of Teachers.
The move marks a reversal from earlier efforts to block some loan forgiveness programs, the New York Post reported Monday.
Under the deal, the White House will restart processing student loan forgiveness for borrowers enrolled in two income-driven repayment programs — Income-Contingent Repayment and Pay As You Earn — until they expire.
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