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Cost estimate, we hardly knew ye:
Joe Biden’s plan to cancel up to $20,000 in student loan debt for federal aid borrowers is expected to cost about $400 billion, according to the Congressional Budget Office...
About 95% of borrowers meet the criteria for forgiveness and about 45% of borrowers will have their balances completely wiped out, the CBO said.
Here is the full story.
The post Sadly swept from the headlines appeared first on Marginal REVOLUTION.
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