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Obama expands student loan payment relief
Dallas News: WASHINGTON — Up to 5 million Americans struggling to make their monthly student loan payments could find relief under a program President Barack Obama expanded Monday, part of an election-year push by Democrats to paint Republicans as blocking steps that could help the middle class.
Dubbing it a “no-brainer,” Obama also threw his support behind legislation to let some of those same borrowers refinance their student loans at lower rates, in a move the administration said could save 25 million borrowers up to $2,000 over the life of their loans.
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