Analysis shows how much taxpayer money will fund Biden's student loan plan — and how quickly the debt will accumulate again

The White House cannot say how much President Joe Biden's student loan debt forgiveness plan will cost taxpayers or how it will be financed.

But new analysis suggests the plan will cost at least $500 billion.

What are the details?

The Committee for a Responsible Federal Budget published analysis on Wednesday showing how Biden's plan will cost taxpayers at least a half-trillion dollars over the next 10 years.
Money by Ervins Strauhmanis is licensed under flickr Attribution 2.0 Generic (CC BY 2.0)

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