Search
The New York Sun
Education

Biden’s New Student Loan Program Likely To Cost Three Times What the Administration Claimed, or Almost $500 Billion

One analysis of the plan said the new program will encourage students who currently are not borrowing to pay for their education to take out new and larger loans.

President Biden and the education secretary, Miguel Cardona, at the White House.
President Biden and the education secretary, Miguel Cardona, at the White House. AP/Susan Walsh