Biden’s Student Loan Cancellations to Cost Taxpayers $559B, Benefit Wealthy Households Most, Study Finds
President Biden’s latest student loan cancellation plans will increase the total cost to taxpayers to a whopping $559 billion and benefit households earning more than $300,000 in annual income the most, according to a new study. House Budget Committee Chairman Jodey Arrington (R-Texas) slammed Biden’s student loan cancellation plan in the wake of Penn Wharton’s …