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

Por: The Boston Globe Business September 26, 2022

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The White House’s plan to cancel student loan debt for tens of millions of American borrowers will cost roughly $400 billion over 10 years, according to a new estimate released by Congress’ nonpartisan scorekeeper.The scorekeeper also found that the White House's plan to temporarily extend an existing pause on student loan payments would cost roughly $20 billion.The new estimate will fuel the debate over President Joe Biden's... + full article



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