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Cost of canceling student debt: $400 billion over a decade, agency says

Por: CBS News Politics September 26, 2022

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The Biden administration's plan to in federal student loan debt for millions of Americans will cost the U.S. about $400 billion over a decade, to the nonpartisan agency that conducts economic analyses of government policies. The extension of the pause on debt repayments will cost another $20 billion, the analysis from the Congressional Budget Office (CBO) noted. As part of the debt relief plan, the Biden administration also pushed back a... + full article



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