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Costs of Suspending Student Loan Payments and Canceling Debt
The Congressional Budget Office (CBO) forecasts that the cost of outstanding student loans to the federal government will rise by approximately $400 billion as a result of an executive action that cancelled some debt.
This paper addresses various concerns regarding the implications of President Biden’s announcement on executive actions affecting student loans.
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| Website: | Visit Publisher Website |
| Publisher: | Congressional Budget Office (CBO) |
| Published: | September 26, 2022 |
| License: | Public Domain |
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