Birdwatch Note Rating
2024-04-13 15:53:22 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 788C38659F80E5F3EB0F6CBE0F10428C4FDAD29C4E576AC321E4273E21E404EF
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