Pushback to Loan Plan Payment
We ran the numbers: There are 2,133 news articles covering this topic. 55% (1,174) are left-leaning, 28% (596) are centrist, and 17% (363) are right-leaning.
The White House continues to face pushback over the cost of its student loan plan. While left-leaning articles highlight White House responses to payment plans, right-leaning articles highlight Republican critiques.
The Hill published a centrist article reporting on how the White House estimates a $240 billion plan, paid over 10 years. However, the estimate is much lower than other estimates and comes after the administration refused to offer a precise figure amid criticism from Republicans and Democrats.
A left-leaning article from CNN discusses how White House press secretary Karine Jean-Pierre stated that the student loan plan will cost $24B per year. Jean-Pierre stated that “assuming that 75% of folks who take this on, the President's student loan cancellation plan, and you look at the average monetary, cash flow on that, it's going to be about $24 billion per year.”
A right-leaning article from Fox News discusses how almost 100 Republicans have demanded that House Speaker Nancy Pelosi (D-CA) hold President Biden accountable for his student debt plan. In July 2021, Pelosi stated that Biden “does not have the power” to cancel federal student loan debt.