Topline An Indiana attorney from a conservative law firm sued the Biden Administration in federal court Tuesday, asking a judge to block the government’s policy of forgiving up to $20,000 per person i...
Tag: Forgiving
What Forgiving Student Loan Debt Could Mean for the Economy
Nearly 44 million people collectively owe $1.7 trillion in federal student loans. Forgiving some or all of it would cost taxpayers hundreds of billions of dollars. Stefani Reynolds/AFP/Getty Images Te...
Forgiving $10,000 in student loan debt would cost the U.S. $300 billion, according to new analysis
If the Biden administration forgives $10,000 in federal student loan debt for borrowers within a certain income cap, it would cost approximately $300 billion, according to a new analysis. No details o...
Would forgiving student debt drive up inflation? Only if you’re using lousy math
Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) ran against each other for the Democratic nomination for president in 2020, but were in agreement on the need to cancel student debt. (Assoc...
Half Of Americans Support Biden Forgiving $10,000 In Student Loans, Poll Finds
Topline A new poll shows 51% of Americans support the idea of President Joe Biden canceling $10,000 of student loan debt for each borrower, illustrating how split the public is regarding one of the pr...
Biden says he’s considering forgiving student debt, but not $50,000
Washington — President Biden said he is “taking a hard look” into forgiving some federal student loan debt on Thursday, but the amount he is considering is less than $50,000 per borrower, ...
Biden looking at forgiving most fed student loan debt, says Hispanic Caucus
President Biden is looking at different options to forgive most, if not all, federal student loan debt – a move that would thrill some of his most loyal supporters and financially strapped students na...
Opinion: Our student-loan system needs fixing — and this change would be smarter than just forgiving debt
Most of the recent discussion of student debt has focused on the prospect of forgiving that debt—telling borrowers that they don’t have to repay the funds the federal government provided to help them ...