Trygve MagelssenBut after contacting a federal student loan office for help, Magelssen learned that his past payments could not count retroactively.
"It was a dead end," said Magelssen, 62, whose current student loan debt is about $21,500, consisting mainly of interest.
Student borrowers would be automatically enrolled, according to his plan, and previous "national or community service" would also allow a borrower to qualify.
The nation's 45 million student borrowers carry an estimated $1.7 trillion in student loan debt — less than total mortgage debt but higher than credit cards, according to the Brookings Institution, a Washington-based think tank.
"It should be done immediately," Biden told reporters last week about his student loan forgiveness plan.
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