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Biden's student loan debt 'forgiveness' plan could add up to $750 billion to national deficit: Report

The Biden administration's latest plan to wipe out federal student loan debt for millions of borrowers could add up to $750 billion to the national deficit, according to a Tuesday report from the Committee for a Responsible Federal Budget.So far, the White House has announced $150 billion in so-call. ....

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Biden Administration Forgives Another $7.4 Billion in Student Debt

President Joe Biden on Friday announced another round of student loan forgiveness, part of a piecemeal effort that has seen $153 billion in debt erased for 4.3 million borrowers. The latest round of forgiveness involves about 277,000 debtors who have $7.4 billion in outstanding loans, the White House said. About 200,000 of the debtors have loans of less than $12,000 and are currently enrolled in the Saving on a Valuable Education Plan, known as SAVE, an income-driven repayment plan that was roll ....

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Biden rolls out another $7.4B in student loan debt 'forgiveness' while lawsuits pile up

The Biden administration announced Friday plans to "cancel" another $7.4 billion in federal student loan debt for 277,000 borrowers, despite a growing pile of lawsuits.According to the White House, the current administration has approved $153 billion in so-called student loan “forgiveness.” Some can. ....

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