The Department of Education said Thursday that it would wipe away student debt for 15,000 borrowers, implementing an Obama-era rule that Secretary Betsy DeVos has fought to block for more than a year.
A court declined to approve Trump's move to end the SAVE student-loan repayment plan ahead of schedule. It ignited calls for prompt debt relief.
Student loan borrowers spent years hearing that relief was finally on the way, only to discover that the clean slate they were promised may come with a surprise bill from the Internal Revenue Service.
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