More Dems back student loan help, GOP questions cost

2 years ago
213

The White House just revealed the price tag for its student loan relief
plan, but Republicans say it'll cost the country more than just money. The Biden Administration’s plan gives up to twenty-thousand dollars of federal student loan debt for anyone below an income cap. Republicans say they're worried about the cost it will bring for our pockets and for morale. Even some democratic economists have many doubts – saying the plan could increase inflation. Karine Jean-Pierre/White House Press Secretary: "It's going to be about twenty-four-billion dollars per year."

Loading 23 comments...