Student loans: Republicans back plan to give some borrowers extra money

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Student loans: Republicans back plan to give some borrowers extra money

ARepublican congressman is leading a new bipartisan bill in the House of Representatives that would give married student loan borrowers a larger tax deduction on their loans.More than 42 million Americans have student loan debt, which has been a sticking point between Democrats and Republicans in recent years.Former President Joe Biden tried to forgive student loan debt during his time in office, arguing that Americans seeking an education are unfairly punished with decades of debt if they do not come from wealthy families who can afford tuition, but those efforts faced myriad legal setbacks. Critics, on the other hand, have ..