Student loan debt forgiveness could have big impact in R.I.

LOWER EXPENSES: Daniel P. Egan, president of the Association of Independent Colleges and Universities of Rhode Island, says state education leaders need to lower college expenses for current and future students to avoid talented high school graduates departing the region for school elsewhere and potentially staying elsewhere.
PBN FILE PHOTO/MICHAEL SALERNO
LOWER EXPENSES: Daniel P. Egan, president of the Association of Independent Colleges and Universities of Rhode Island, says state education leaders need to lower college expenses for current and future students to avoid talented high school graduates departing the region for school elsewhere and potentially staying elsewhere.
PBN FILE PHOTO/MICHAEL SALERNO
With tensions heightening for many borrowers as the federal government prepares to resume student loan payments at the beginning of next year following a pandemic-induced pause, more than 130,000 Rhode Islanders received an opportunity for at least some relief in August. Under a Biden administration student loan relief program, borrowers making less than $125,000 individually,…

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