Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
Student-Loan Relief Plan Will Cost $24 Billion a Year, White House Says.
Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
- معلومة اضافية
- الموضوع:
- نبذة مختصرة :
A new Penn Wharton analysis released Friday morning estimates the debt cancellation alone will cost as much as $519 billion, with the loan forbearance costing $16 billion and the new income repayment plan $70 billion. Keywords: ALLTOP; BUSINESS; EXE; GEN; GENTOP; GOV; MARKETS; NORTHAM; TOP; US; WORLD; WWTOP; WWTOPAM EN ALLTOP BUSINESS EXE GEN GENTOP GOV MARKETS NORTHAM TOP US WORLD WWTOP WWTOPAM RH88A7T0AFB5 White House press secretary Karine Jean-Pierre offered up the new figure on CNN Thursday night, after being repeatedly pressed in the daily briefing on the potential cost of the package. Biden's sweeping plan for student-debt relief will forgive as much as $20,000 in loans for some recipients and allow borrowers with undergraduate loans to cap repayments at 5% of their monthly income. [Extracted from the article]
- نبذة مختصرة :
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
No Comments.