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Student debt is the number one financial challenge for many U.S. workers. And substantial debt relief is available, at least to public servants such as teachers, health-care workers, first responders, government workers and others. However, despite wide awareness of Public Service Loan Forgiveness, relatively few public service professionals take advantage of it.
"At a time of COVID-related economic turmoil and uncertainty, some 46 million Americans are paying off $1.7 trillion in student loans, a number likely to grow by $500 billion in the next five years," according to a new report from AIG Retirement Services.
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