President Joe Biden’s executive action cancelling up to $20,000 in student loan debt from some borrowers will add $400 billion to the federal debt, Congressional Budget Office director Phillip Swagel wrote Monday. Biden announced on Aug. 24 that the federal government would forgive $10,000 in student loans for all individuals earning below $125,000 a year, […]
Source: CBO Reveals Taxpayer Cost of Biden’s Student Loan Gambit