Biden administration says student loan forgiveness application will cost $100M annually

By Jeremiah Poff
Published October 12, 2022 8:57pm ET
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Biden administration says student loan forgiveness application will cost $100M annually
The Department of Education says that the estimated operational costs of the Biden administration‘s student loan forgiveness plan will exceed $100 million. In a filing with the Office of Management and Budget, the department tabbed the annual cost of running the loan forgiveness application at $101.3 million. The costs include the creation of a website […]


The Department of Education says that the estimated operational costs of the Biden administration‘s student loan forgiveness plan will exceed $100 million.

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Biden Administration Department of Education Government Spending Student loans Washington D.C.