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Taxpayers bear burden for federal student loans
- Taxpayers remain responsible for an almost $1.8 trillion federal student loan portfolio.
- The Committee for a Responsible Federal Budget projected that President Joe Biden's student loan cancellation plans in 2024 could cost taxpayers between $870 billion and $1.4 trillion.
- Since July 1, borrowers enrolled in automatic payments have become eligible for a 1% interest rate reduction.
- The Project on Predatory Student Lending filed a lawsuit on July 1 seeking records about group student loan discharges from the Department of Education.
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29 Articles
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Coverage Details
Total News Sources29
Leaning Left3Leaning Right9Center15Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
11%
C 56%
R 33%
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