Marc Cox spoke with Griff Jenkins, a Washington-based correspondent for FOX News Channel, about the Student Loan Forgiveness plan that was officially announced yesterday. As they discussed the economic repercussions of the plan, Jenkins announced that Biden's student loan forgiveness plan is now estimated to cost between $400 and $600 billion, which is more than $100 billion more than originally estimated. According to the Penn Wharton Budget Model that Jenkins references in their conversation, Biden's plan will forgive $10,000 and $20,000 per borrower if they make less than $125,000 annually.
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