Biden’s New Student Debt Forgiveness Plan Relieves a Handful of Americans While Adding Billions to Deficit: Budget Expert

President Joe Biden’s education department has unveiled plans to cancel up to $20,000 in interest for millions of American student loan holders, while offering some individuals full student debt forgiveness. NTD speaks to Richard Stern, the director of the Federal Budget Policy Center at The Heritage Foundation, who says President Biden’s new student debt forgiveness plan relieves a handful of Americans while adding billions to the federal deficit.