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Cardi B Joe Biden ELLE Magazine

Source: ELLE Magazine / ELLE

Aides for President-elect Joe Biden’s says he’ll ask Congress to do away with $10,000 in student debt for all borrowers.

According to CNBC, Biden will also ask congress to extend the pause on payment of student loans.

The pause was implemented in the 2020 CARES act, and the extension for the pause is set to end January 2020.