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PPP loans cost nearly double what Biden's student debt forgiveness would have. Here's how the programs compare.

Por: CBS News Politics July 01, 2023

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After the President Biden's student-loan forgiveness plan, critics of the decision are pointing to other recent examples of the government forgiving debt —many with far larger amounts of money than at stake than in the student loan plan.In particular, the Paycheck Protection Program has so far forgiven $757 billion in loans to private businesses, according to government — nearly double what the Biden administration's student-loan... + full article



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