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U.S. President Barack Obama talks before he signs a presidential memorandum on reducing the burden of student loan debt in the East Room of the White House in Washington, June 9, 2014. REUTERS/Larry Downing

Obama moves to ease student loan burdens, urges Congress to act

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WASHINGTON (Reuters) - President Barack Obama on Monday signed an executive order making it easier for up to 5 million people to pay off college tuition debt, and scolded congressional Republicans for opposing legislation that would lower student-loan borrowing costs.

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