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How much will taxpayers foot for Biden's student loan handouts? A half-trillion, UPenn's Wharton School says

Posted on AllSides April 12th, 2024
From The Right
Kyle Mazza/Anadolu via Getty Images / Getty Images

The White House announced another student loan handout on Friday, bringing the total number of borrowers who have received President Biden’s debt relief so far to 4.3 million. According to the White House, the total student loan cancellation sum is a whopping $153 billion.

"Today, my Administration is canceling student debt for 277,000 more people, bringing the total number of Americans who have been approved for debt relief so far under my Administration to 4.3 million borrowers through various actions," Biden said Friday via the White House.

As for who...

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https://www.foxbusiness.com/politics/how-much-will-taxpayers-foot-bidens-student-loan-handouts-half-trillion-upenns-wharton-school

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