What Student Debt Forgiveness Will Cost

USA Today: “The White House said Friday that President Joe Biden’s action to cancel student loan debt for millions of borrowers will cost the federal government $240 billion over the next decade after refusing to give a cost estimate earlier in the week.”

Not everyone agrees: “Other outside analysts said the price tag is much higher — especially when factoring in a new income-based loan repayment model outlined by the president.”

Washington Post: Student debt forgiveness application coming in October.