The Congressional Budget Office, a nonpartisan watchdog agency, estimated on Monday that President Joe Biden’s plan to forgive $10,000 to $20,000 in student loans per eligible borrower would cost $400 billion. Other watchdogs have said Biden’s plan could cost $500 billion to $1 trillion.
US 500 forecast: the index may enter a downtrend
Amid escalating tensions in the Middle East, the US 500 has resumed its decline. The US 500 forecast for today is negative. US 500 forecast: