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CBO says Biden’s student loan cancellation plan could cost $400 billion
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<blockquote data-quote="Sophrosyne" data-source="post: 76932440" data-attributes="member: 193127"><p>Some are saying that 400 billion is a low figure on Student loans. I saw one estimate of 469 to 518 billion and another that equate it to $2500 per tax payer. </p><p>The Wall Street Journay claims it could cost upwards of 1 Trillion</p><p><a href="https://www.wsj.com/articles/bidens-student-debt-forgiveness-plan-may-cost-up-to-1-trillion-challenging-deficit-goals-11662370201" target="_blank">Biden’s Student-Debt-Forgiveness Plan May Cost Up to $1 Trillion, Challenging Deficit Goals</a></p><p></p><p>I don't particularly trust the government agency coming up with 400 million myself as it seems most of the agencies are corrupt these days they would fudge the numbers if they were not too favorable.</p></blockquote><p></p>
[QUOTE="Sophrosyne, post: 76932440, member: 193127"] Some are saying that 400 billion is a low figure on Student loans. I saw one estimate of 469 to 518 billion and another that equate it to $2500 per tax payer. The Wall Street Journay claims it could cost upwards of 1 Trillion [URL="https://www.wsj.com/articles/bidens-student-debt-forgiveness-plan-may-cost-up-to-1-trillion-challenging-deficit-goals-11662370201"]Biden’s Student-Debt-Forgiveness Plan May Cost Up to $1 Trillion, Challenging Deficit Goals[/URL] I don't particularly trust the government agency coming up with 400 million myself as it seems most of the agencies are corrupt these days they would fudge the numbers if they were not too favorable. [/QUOTE]
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CBO says Biden’s student loan cancellation plan could cost $400 billion
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