Biden Student Loan Forgiveness Plan - Day 6
We ran the numbers: There are 1,807 news articles covering this topic. 27% (496) are left-leaning, 34% (623) are centrist, and 38% (688) are right-leaning.
Reactions continue to occur as more is learned about Biden’s Student Loan Forgiveness plan. While left-leaning articles focus on methods to include overlooked borrowers in the plan, right-leaning articles focus on critiques of the plan from Republicans.
Forbes published a centrist article reporting on how the loan forgiveness plan could be taxable in some states, but will not be at the federal level. Under the American Rescue Plan, all federal student loan forgiveness is exempt from federal taxation until the end of 2025.
A left-leaning article from CNBC discusses how the Education Department is looking into methods to include 5 million “overlooked borrowers” excluded from the loan forgiveness plan. These individuals were excluded because they were guaranteed government assistance owned by private companies – since the Education Department does not own the debt, the forgiveness plan cannot apply to these people.
A right-leaning article from Fox News discusses how the White House called out apparent hypocrisy by Republicans who have not supported the federal student loan forgiveness plan but did receive COVID loan forgiveness. In response, House Republicans called the White House critiques a “clown” attack.