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In what has been touted as a significant milestone in higher education reform, the Biden administration recently announced a final wave of student loan forgiveness, discharging over $600 million for thousands of borrowers. This sweeping action, impacting approximately 8,650 individuals, signifies a concerted effort to address long-standing injustices within the student loan system, particularly for
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In a significant move toward alleviating the burden of education debt in the United States, the Biden administration has unveiled another round of federal student loan forgiveness, set to benefit over 150,000 individuals. This initiative, amounting to an impressive $4.2 billion, comes just days before President Joe Biden’s term concludes. The latest measures reflect the
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The Internal Revenue Service (IRS) finds itself amidst an intricate political landscape as a Republican-dominated Congress deliberates future funding allocations. The National Taxpayer Advocate, Erin Collins, has recently highlighted concerning trends in her annual report, emphasizing a stark misalignment in budget priorities that may impact the services provided to taxpayers. A disproportionate share of resources
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