Biden’s Student Loan Forgiveness Plan Might Cost Up to $1 Trillion


white house worthy christian news Trillion 1">(Worthy News) – President Joe Biden’s plan to erase student debt and modify payments for millions of Americans could cost as much as $1 trillion, according to budget analysts.

The Wall Street Journal reported Monday that analysts’ forecasts for the student loan plan challenge the administration’s efforts to reduce the federal deficit.

Biden on Aug. 24 said the U.S. government will forgive $10,000 in student loans for many debt-saddled college graduates, a move that could boost support for his fellow Democrats in the November congressional elections but also might fuel inflation. [ Source: NewsMax (Read More…) ]

19
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

ICE Houston Arrests Over 400 Illegal Immigrants Charged With Child Sex Offenses
Iran, Hezbollah Launch Coordinated Cluster Missile Barrage Against Israel
U.S. Destroys 16 Iranian Mine-Laying Boats Near Strait of Hormuz
Iran’s Supreme Leader Mojtaba Khamenei Injured but Still Governing
Six Dead In Suspected Deliberate Bus Fire In Switzerland
Christians Concerned As Bihar Weighs Anti-Conversion Law
Mexico Christians Face Rising Attacks After Cartel Retaliation (Worthy News Focus)
Iran Strikes Gulf States As Christians Voice Fears (Worthy News In-Depth)
Hegseth: Tuesday To Be ‘Most Intense Day Of Strikes’ Yet In Iran
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News