Student Loans
Latest
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New CBO Estimate Should Send IDR Plan Back to Drawing Board
Read moreThe Congressional Budget Office (CBO) estimates the President’s proposed income-driven repayment (IDR) plan for student loans will cost $230 billion...
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Comments on Proposed IDR Rule
Read moreOn February 9, Committee for a Responsible Federal Budget Senior Vice President and Senior Policy Director Marc Goldwein submitted comments on the...
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Biden IDR Plan Will Cost More than Advertised
Read moreLast month, the Biden Administration put forward a proposed rule to unilaterally expand the Income-Driven Repayment (IDR) program for student debt. In...
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New Study Finds Student Loan Pause is Regressive
Read moreA recent analysis by Diego Briones, Sarah Turner, and Eileen Powell of the University of Virginia found that the current student loan payment pause...
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Student Loan Pause Could Cost $275 Billion
Read moreNote: (11/22/2022): The Department of Education announced it would extend the pause to the sooner of 60 days after resolution of the student debt...
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Student Debt Cancellation is Not Financially Justified
Read moreThe White House has justified the unilateral implementation of its $400 billion student debt cancellation plan based on authority the Secretary of...
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Is Biden's Student Debt Cancellation Plan Still Regressive?
Read moreThe Biden Administration’s new $420 billion student debt cancellation and repayment pause plan will deliver the majority of the benefits to those in...
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Student Loan IDR Changes Are Highly Problematic, Report Shows
Read moreWhile much attention has been paid to President Biden's costly and inflationary plan to cancel $10,000 to $20,000 of student debt, his proposed...
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Ending the Student Debt Pause in January is a Cost, Not an Offset
Read moreLast week, the Biden administration announced a plan to forgive a portion of outstanding student debt, extend the moratorium on student loan payments...
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How Long Before Cancelled Student Debt Would Return?
Read moreNote: This analysis has been updated to reflect President Biden’s announced cancellation plan . You can read the original version here. President...
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Michael Murphy: Biden's student debt 'cancellation' defies sense, drives deficit
Read moreMichael Murphy is the chief of staff and director of the Committee for a Responsible Federal Budget's FixUs initiative. He recently wrote an opinion...
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Latest Student Loan Payment Pause Brings Total Cost to $155 Billion
Read moreThe Biden Administration announced another extension of the student loan repayment moratorium through the end of December as part of their larger...