Biden's Student Loan Plan Could Cost Twice as Much as Projected

Regardless of how the U.S. Supreme Court rules on President Joe Biden's plan to forgive up to $20,000 in student loan debt for some federal borrowers, the White House is also pushing ahead with a new repayment plan that will lower what many student borrowers end up owing.

It's going to be significantly costlier than the Department of Education originally projected.

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