CBO’s ‘Highly Uncertain’ Estimates Fail to Damper Enthusiasm Over Student Debt Cancellation

The Congressional Budget Office estimates that the cost of outstanding student loans will increase by $20 billion because an action suspended payments, interest accrual and involuntary collections from September 2022 to December 2022. The post CBO’s ‘Highly Uncertain’ Estimates Fail to Damper Enthusiasm Over Student Debt Cancellation appeared first on The Washington Informer.

CBO’s ‘Highly Uncertain’ Estimates Fail to Damper Enthusiasm Over Student Debt Cancellation
**FILE** An attendee holds a "Student Loan Justice" sign while waiting for Senator Bernie Sanders, an independent from Vermont and 2016 Democratic presidential candidate, to speak during campaign rally near Robert F. Kennedy Memorial Stadium in Washington, D.C., U.S., on Thursday, June 9, 2016. President Barack Obama formally endorsed Hillary Clinton to succeed him as the next U.S. president today in a bid to unify the party two days after she secured enough delegates to clinch the Democratic nomination. (Andrew Harrer/Bloomberg via Getty Images)

The Congressional Budget Office estimates that the cost of outstanding student loans will increase by $20 billion because an action suspended payments, interest accrual and involuntary collections from September 2022 to December 2022.

The post CBO’s ‘Highly Uncertain’ Estimates Fail to Damper Enthusiasm Over Student Debt Cancellation appeared first on The Washington Informer.