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Should You Plan for $50,000 In Student Loans Forgiveness?

Last week, President Biden asked the Department of Education to review his legal authority in using executive action to forgive student loan debt, which has renewed hope for many of the 45 million borrowers that collectively owe $1.7 trillion in student loans. But how should this affect your repayment strategy, and should you be banking on a possible $50,000 write-off?