Questions continue to mount over the 's federal student loan forgiveness plan as multiple analyses suggest the government has underestimated the policy's hefty price tag.The most broadly impactful measure is the cancellation of up to $10,000 in student debt for borrowers making under $125,000 or $250,000 married. Pell Grant recipients - generally from low-income backgrounds - are eligible for up to $20,000 in relief. The Biden administration expects that will mean $240 billion in lost revenue over the next decade.
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