"Biden Administration's $7.4 Billion Student Loan Relief Impact on Taxpayers"

President Biden's student loan handouts have reached 4.3 million borrowers, totaling $153 billion in debt relief, with the Wharton School estimating the cost to taxpayers at over half a trillion dollars. The relief includes waiving interest and eliminating debt for long-term borrowers, with the majority of the cost attributed to interest waivers. Despite legal challenges, Biden remains committed to student debt cancellation, arguing that it will stimulate the economy.