Birdwatch Note Rating
2024-04-12 21:28:24 UTC - HELPFUL
Rated by Participant: 1611801EE6B572822949412807FCCDF89B8E86439830F152536D716F222B1DA0
Participant Details
Original Note:
Though this may benefit those having their debt relieved, an analysis by the Penn Wharton Budget Model estimated that the Biden administration’s loan forgiveness announcement, added to a previous estimate made for the SAVE Plan, would cost taxpayers $559 billion. https://ny1.com/nyc/all-boroughs/politics/2024/04/12/white-house-student-debt-cancellation-april#:~:text=An%20analysis%20of%20the%20loan,would%20cost%20taxpayers%20%24559%20billion.
All Note Details