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The average student loan debt for Illinoisans is nearly $38,000. Almost 55% of the more than 1 million borrowers in Illinois are under the age of 35, according to the Education Data Initiative.
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Millions applied for student loan forgiveness before President Joe Biden’s plan was put on hold amid legal challenges. The forgiveness plan’s fate is now in the hands of the U.S. Supreme Court, which just heard arguments on the case.
 

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