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Biden’s student loan forgiveness plan to cost about $400 billion: CBO

Por: The Hill Politics September 26, 2022

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The Biden administration’s sweeping effort to provide widespread student loan forgiveness for some Americans will cost about $400 billion, according to new reporting by Congress’ nonpartisan budget scorekeeper. The  applies to the plan Biden  to forgive $10,000 in federal student loan debt for borrowers earning under $125,000, and $20,000 for borrowers who received Pell Grants. Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen.... + full article



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