Biden’s Deplorable Student Loan Forgiveness Will Cost Us All
President Biden’s plan to eliminate student debt is estimated to cost $400 billion more to the federal government, according to the nonpartisan Congressional Budget Office. In the absence of a full accounting from the White House, Monday’s projections represent the latest attempt to put a price on the administration’s student-loan-modification plans. A range of analyst projections underlines the significant complexities of estimating the performance of the federal government’s student-loan portfolio, raising uncertainties about how the …