Student Loans
Latest
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What Does Student Debt Cancellation Mean for Federal Finances?
We've previously estimated that cancelling all federal student debt would cost the same as the outstanding value of the loans, which is currently $1.6...
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It’s Time to Wind Down the Student Loan Moratorium
The Biden administration recently extended the federal student loan moratorium through January 2022. Under the moratorium, most federal student loan...
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Partial Student Debt Cancellation is Poor Economic Stimulus
Last year, we estimated that fully canceling student debt would produce eight to 23 cents of economic activity for every dollar of cost and speculated...
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Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners
In her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the poor...
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Canceling Student Loan Debt Is Poor Economic Stimulus
Note: We published a follow-up piece on June 3, 2021 estimating the fiscal multipliers for cancelling $10,000 and $50,000 in federal student loan debt...
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Elizabeth Warren's Higher Education Plan
In April, 2020 presidential candidate Senator Elizabeth Warren (D-MA) unveiled a plan for “universal free public college and cancellation of student...
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Policymakers Should Reform Student Loan Programs
Lawmakers will need offsets to keep year-end legislation from substantially worsening the debt, and one area we've suggested in our Mini-Bargain and...
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Marc Goldwein: Three Smart Reforms in Trump's Budget
Marc Goldwein is the senior vice president and senior policy director of the Commitee for a Responsible Federal Budget. He recently wrote an opinion...
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Clinton's College Affordability Proposal, Explained
One of Democratic presidential candidate Hillary Clinton's first major policy proposals focused on college affordability. Called the " New College...
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Mitch Daniels: Could income-share agreements help solve the student debt crisis?
Mitch Daniels is the president of Purdue University, a former governor of Indiana, a former director of the Office of Management and Budget, and a co...
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The Budgetary Effect of Credit Programs
Credit programs involving loans and loan guarantees are accounted for differently than most other programs in the federal budget. Whereas other...
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CBO Takes a Look at the Pell Grant Program
Today, the Congressional Budget Office released a new report on Pell Grants which details the program and recent changes made to it, shows options to...