Bidens Student Loan Relief Is Estimated To Be A Whopping 300 Billion

Last updated: June 9, 2025, 01:03

Bidens Student Loan Relief Is Estimated To Be A Whopping 300 Billion

We estimate that President Biden

We estimate that President Biden’s recently announced “New Plans” to provide relief to student borrowers will cost $84 billion, in addition to the $475 billion that we

Here's Who Will Benefit From Biden’s Student Loan Relief

Analysis of President Biden’s New Plans for Student Loan Debt

Biden’s new student debt relief plan estimated to cost

Biden's student-loan debt forgiveness would cost $300 billion

President Biden’s Student Loan Scheme Could Cost

Biden slashes $300 billion in student debt - Times

Student Debt Plan Would Add Hundreds of Billions to Deficit

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In a new analysis

In a new analysis, the Penn-Wharton Budget Model estimates that that forgiveness could cost about $300 billion this year, with a price tag of a little below $330 billion

Joe Biden’s student loan forgiveness plan estimated to

Biden’s student loan cancellations to cost taxpayers $559 billion:

Including this provision

Including this provision, we estimate the plan could cost $250 billion to $750 billion, depending on how the additional cancellation is designed. Potential Cost of Biden

President Biden’s latest student loan cancellation plans will increase the total cost to taxpayers to a whopping $559 billion and benefit households earning more than