Biden's new student loan repayment plan would cost billions more than White House projected

Biden's new student loan repayment plan would cost billions more than White House projected

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A key part of President Biden's student loan debt plan that would cut the monthly bill for certain borrowers could cost up to $361 billion over the next decade, according to new findings from the Penn Wharton Budget Model. The proposed rule from the Education Department would overhaul one of the…

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