Student loan forgiveness: Half a million people to benefit from overhaul
We ran the numbers: There are 1454 news articles covering this topic. 37% (546) are left leaning, 49% (708) are center, and 14% (200) are right leaning.
On Wednesday, the Education Department announced a sweeping overhaul to the loan forgiveness program. While left-leaning articles highlight that the loan forgiveness program has been derided by participants, lawmakers and consumer groups for being exceedingly complex, right-leaning articles highlight that the retooling of the program is expected to give thousands of new loan borrowers access.
A left-leaning article by The Washington Post highlights that the loan forgiveness program has been derided by participants, lawmakers and consumer groups for being exceedingly complex. Borrowers must make 120 on-time monthly payments for 10 years to have the remaining balance canceled.
USA Today published a centrist article reporting that the loan forgiveness program will immediately erase the debt of 22,000 borrowers to the tune of $1.7 billion. In addition, the government estimated another 27,000 borrowers could see about $2.8 billion in debts forgiven.
A right-leaning article by Fox News highlights that the retooling of the program is expected to give thousands of new loan borrowers access. Student loan forgiveness could expand to close to 50,000 people.
From the left
Biden administration temporarily expands student loan forgiveness program for public servants
The Washington Post
From the center
Student loan forgiveness: Half a million people to benefit from overhaul, some immediately
USA Today