Biden Administration To Cancel $39 Billion In Student Loans

The Department Of Education Announced Friday That $39 Billion In Federal Student Loan Debt For About 800,000 Borrowers Will Be “Discharged,” Or Canceled, In The Coming Weeks.

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Biden’s Student Loan Deferment Will Cost Taxpayers $40 Billion, Group Says

The Biden Administration Is Again Deferring Repayment Of Student Loans Until President Joe Biden’s Student Loan Forgiveness Executive Action Makes Its Way Through The Courts, But A New Analysis Found That Decision Will Cost Taxpayers Billions Of Dollars In Unpaid Interest.

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Group Sues U.S. Dept Of Education Over Biden’s Student Loan Cancellation Plan

A Nonprofit Legal Group Filed A Lawsuit Tuesday Against The U.S. Department Of Education To Block Its Move To Cancel Up To $20,000 In Student Loan Debt For Some Borrowers.

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Gov. Lee Joins 21 GOP Governors Asking Biden To Withdraw Student Loan Forgiveness Plan

President Joe Biden’s Student Loan Forgiveness Plan Will Be Costly For American Taxpayers, A Coalition Of GOP Governors Said In A Letter Sent Monday To The White House. The Letter, Signed Tennessee Governor Bill Lee And An Additional 21 GOP Governors, Tells Biden To “Withdraw” The Plan, Citing Cost Estimates Of Up To $600 Billion, Or $2,000 Per American Taxpayer.

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Student Debt Will Rise To Pre-Cancellation Levels In Less Than A Decade, Budget Group Says

It Will Take Less Than A Decade For Student Loan Debt To Return To The Level It Was At Before President Joe Biden Canceled Nearly Half A Trillion Dollars Of The Debt At Taxpayer’s Expense, A New Report From A Leading Budget Group Says.

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