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At Princeton University in New Jersey, which implemented a no-loans monetary help policy in 2001, U.S. News data shows that the typical student who borrowed loans and graduated from the Ivy League college in 2018 took on $9,059 in debt. Student loan spending would be reduce by $170 billion in Trump's plan, titled "A Budget for America's Future." The reductions include "sensible annual and lifetime loan limits" for graduate students and parents and the end to subsidized loans, in which the government covers the interest for borrowers who are still in school or experiencing financial hards


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