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In 2017, the texas legislature passed senate Bill 0887. Indiana University pioneered the debt letter initiative in 2012. Six years later, the total loans decreased by about $125 million, said James.
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But from 2012 to 2017, Tennessee officials reported an estimated 5,000 professionals to occupational boards for loan default. And in Texas, more than 4,200 professionals, including nurses and teachers.
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