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Student Borrowers Deserve Solutions, Not More Legal Battles
Read moreLast week, the Department of Education announced it will take the “next step toward additional debt relief” for student loan borrowers. In particular...
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Pell Grant Shortfall Remains a Threat
Read morePell Grant costs will exceed new funding over the next decade, based on the latest Congressional Budget Office (CBO) baseline, depleting nearly all...
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Appropriations 101
Read moreWhat are appropriations? How does Congress determine the total level of appropriations? How does Congress allocate appropriations? How are...
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Comments on Proposed Rule to Waive Student Debt
Read moreOn May 17, Committee for a Responsible Federal Budget's Senior Vice President and Senior Policy Director Marc Goldwein submitted comments on the...
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Congressionally Approved Ukraine Aid Totals $175 Billion
Read moreWith the recent passage of the national security supplementals, Congress has now approved nearly $175 billion of aid and military assistance to...
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How Much Would Student Loan “Hardship” Provision Cost?
Read moreWe recently estimated the President’s new student debt cancellation plan would cost between $250 billion and $750 billion over a decade, and have...
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The Total Cost of Student Debt Cancellation
Read moreIncluding the Biden Administration’s new student debt cancellation plan, we estimate all recent student debt cancellation policies will cost a...
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Appropriations Watch: FY 2024
Read moreUpdated 4/24/2024: On Tuesday, April 23, the Senate passed a package of national security-oriented bills passed by the House on Saturday, April 20...
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What's in the Latest House National Security Supplementals?
Read moreThe House of Representatives is set to soon vote on a series of national security-related supplemental appropriations bills. Three of the bills...
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Student Debt Plan Would Add Hundreds of Billions to Deficit
Read moreThe Biden Administration recently announced a new plan to cancel student debt for up to 30 million borrowers and released a preliminary rule this...
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Adding Debt to Tax Deal Would Be a Costly Blunder
Read moreSome lawmakers have recently suggested combining the House-passed Tax Relief for American Families and Workers Act of 2024 (also known as Wyden-Smith...
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CRFB Reacts to President Biden’s Student Loan Plan
Read morePresident Biden today announced a new student debt cancellation plan. Specifically, the plan would cancel up to $20,000 of accrued interest for...