Student Loans
Latest
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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...
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Maya MacGuineas: Biden’s Student Loan Plan Will Come at a Steep Cost for the Economy
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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Student Debt Changes Would Boost Inflation
Read moreThe student debt cancellation and relief measures announced earlier this week by the Biden Administration would cost around $500 billion over a decade...
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White House Should Produce Debt Cancellation Cost Estimates
Read moreTwo days after announcing executive action to cancel large amounts of student debt, the White House has failed to produce either a cost estimate or a...
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Everything You Need to Know About Student Debt Cancellation
Read moreBelow are a few frequently asked questions about student debt cancellation and proposals around it. Whose debt has been cancelled? How much will Biden...
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Debt Cancellation Plan Is Costly, Inflationary, and Cynical
Read moreToday President Biden announced his plan to cancel $10,000 per borrower of student debt by executive action for households who make less than $250,000...
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New Student Debt Changes Will Cost Half a Trillion Dollars
Read moreNote (9/26/2022): The Congressional Budget Office (CBO) has released an estimate that debt cancellation will cost $400 billion . Using new information...
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Cancelling Student Debt Would Undermine Inflation Reduction Act
Read moreThe recently-passed Inflation Reduction Act (IRA) will reduce budget deficits by roughly $275 billion while pushing fiscal policy in the right...
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Extending the Student Loan Payment Pause is Bad Policy
Read moreNote: (8/30/2022): Since the publication of this blog the Biden Administration announced another four-month extension to the student loan pause...