Get access to our best features

CBO: White House plan to relieve student loan debt costs $400 billion

Summary by Ground News
Biden administration previously estimated the plan would cost about $24 billion a year over the next 10 years. Other estimates put the total cost at $500 billion or more over the decade. The White House defended the plan, saying it will provide relief to struggling borrowers, allowing them to start businesses, buy homes or just pay their bills.
2 months ago·Washington, United States

News Articles

More Filters
All
Left
Center
Right

Biden’s Student Debt Relief Plan to Cost $400 Billion, Numbers Likely to Fuel Debate Between Dems, GOP

US President Joe Biden's plan to forgive part of the country's massive student debt burden is estimated to cost the government $400 billion, the Congressional Budget Office said Monday

2 months ago·India
Read Full Article

Biden plan to cancel some U.S. student loan debt will cost $400 bln -CBO

Biden's executive actions will cost about a quarter of funds owed, the Congressional Budget Office said

2 months ago·United Kingdom
Read Full Article

CBO: Biden's student debt plan would cost $400 billion

The Congressional Budget Office estimates that President Joe Biden’s plan for student debt cancellation will cost about $400 billion over the next 30 years

2 months ago·London, United Kingdom
Read Full Article

Biden's student loan forgiveness will cost US about $400 billion, CBO estimates

The Congressional Budget Office cautioned that cost projections of President Joe Biden's student loan cancellation are "highly uncertain."

2 months ago·United States
Read Full Article

CBO: Biden's student debt plan would cost $400 billion

President Joe Biden’s plan for student debt cancellation will cost the federal government about $400 billion over the next 30 years, according to new estimates from the Congressional Budget Office.

2 months ago·United States
Read Full Article

Biden's student loan forgiveness will cost $400B, new estimate says, as White House pushes back

Biden's student loan forgiveness plan will cost $400 billion over 10 years, according to a revised estimate this week from the Congressional Budget Office

2 months ago·United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

57% of the sources are Center
CNN
Common Dreams
The Independent
USA Today
Associated Press News
abc News
Hindustan Times
New York Times
+15
Reuters
CNBC
KRDO
The Hill
KVIA
Newsweek
+53
News18 India
Washington Times
New York Post
National Post
Reason
Alabama Live
+7
Washington Examiner
Sputnik News [🇷🇺-affiliated]
The Daily Caller
The Epoch Times
National Review
The Blaze
+5
L 21%
C 57%
R 22%
See less detail