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US will have to write off billions in student debt due to deaths

The US government will have to write off billions of dollars of student loans from borrowers who died during the pandemic, adding another complication to a system ill-equipped to handle the resumption of payments this fall.

“I thought that was impossibly high. But it is not, not at all,” said Ronald Lee, an economist at the University of California, Berkeley.

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government, studentloans, pandemic