One big beautiful drop in student loan subsidies

One big beautiful drop in student loan subsidies

A new report from the Congressional Budget Office confirms that the One Big Beautiful Bill Act is set to reduce the amount of money taxpayers lose on federally subsidized student loans, reducing federal deficits by hundreds of billions over the next 10 years. There is still more Congress can do to lower higher education costs, but the OBBBA reforms are a good start to build upon. The federal government’s direct loan program was first established…