Student Loans
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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...
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ARCHIVE #2: How Long Before Cancelled Student Debt Would Return?
Read moreNote: This analysis has been updated from the original version to reflect new estimates of how long it would take for the amount of student debt owed...
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Rumored Student Loan Cancellation Would Cost $230 Billion
Read morePress reports indicate that President Biden could soon announce a plan to cancel at least $10,000 in debt for the vast majority of student loan...
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Marc Goldwein: Student Debt Cancellation a Bad Deal for 85% of Americans
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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Means-Testing Student Debt Cancellation is Still Costly and Regressive
Read moreAmid criticisms that student debt cancelation would be costly and regressive, the Biden Administration is apparently considering means-testing debt...
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Debt Cancellation Is Costly, Regressive, and Inflationary
Read moreAccording to press reports, President Biden is seriously considering cancelling a large swath of student debt – perhaps more than the $10,000 per...
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More Information Is Needed Before Student Loan Changes Take Effect
Read moreThe Department of Education yesterday announced several changes to the student loan program, including a one-time policy to retroactively count any...