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GOP Plans Student Loan Hikes

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federal student loan bills

CNBC

•

1mon ago

US Politics

US Politics

To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers

CNBC
Summary
Nutrition label

86% Informative

House Republicans are looking at ways to slash spending to fund President Donald Trump 's tax cuts.

GOP lawmakers are expected to use the budget reconciliation process to make major cuts to the federal budget.

The average student loan borrower could pay nearly $200 a month more if the GOP plans to reshape the repayment program succeed.

VR Score

88

Informative language

88

Neutral language

58

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

19

https://studentaid.gov/announcements-events/save-planhttps://www.cnbc.com/2024/07/02/student-loan-forgiveness-programs-may-be-at-risk-if-trump-is-elected.html?&doc=108097993https://www.cnbc.com/2018/10/22/starting-a-business-when-you-have-student-loans-can-be-a-challenge.html?&doc=108097993https://budgetmodel.wharton.upenn.edu/issues/2023/7/17/biden-income-driven-repayment-budget-updatehttps://www.cnbc.com/2021/04/30/student-loan-forgiveness-may-be-on-the-way-what-to-do-in-the-meantime-.html?&doc=108097993https://edworkforce.house.gov/uploadedfiles/1.11.24_h.r._6951_the_college_cost_reduction_act_fact_sheet_digital_final.pdfhttps://www.politico.com/f/?id=00000194-74a8-d40a-ab9e-7fbc70940000https://ticas.org/affordability-2/house-republican-plan-would-spike-student-loan-payments/https://www.congress.gov/bill/118th-congress/house-bill/6951/texthttps://www.cnbc.com/2025/02/05/how-smoot-hawley-tariff-sparked-the-mother-of-all-trade-wars.html?&doc=108097993https://pmc.ncbi.nlm.nih.gov/articles/PMC5231614/https://www.cnbc.com/2023/06/30/supreme-court-biden-student-loan-forgiveness-plan.html?&doc=108097993https://urldefense.com/v3/__https:/www.congress.gov/bill/118th-congress/house-bill/6951__;!!PIZeeW5wscynRQ!q1s7Wf5wZNlpHDeA2IBK2mYHJr-GYlZajcUrccwmBapoXIbXixuDUolT2D8DtHgjyo-cP1CVnt7VbvXtWWAFJ6KT$https://www.cnbc.com/2025/02/05/could-trumps-tariffs-replace-the-income-tax-what-policy-experts-say.html?&doc=108097993https://www.cnbc.com/2018/04/19/student-loan-debt-can-make-buying-a-home-almost-impossible.html?&doc=108097993https://www.cbo.gov/publication/56277https://www.cnbc.com/2025/02/04/stockpiling-ahead-of-higher-tariffs-is-a-big-mistake-experts-say.html?&doc=108097993https://www.cnbc.com/2025/02/02/to-help-pay-for-trump-tax-cuts-new-taxes-on-work-perks-are-gop-target.html#:~:text=The%20Bottom%20Line-,To%20help%20pay%20for%20Trump%20tax%20cuts%2C%20new%20taxes,worker%20benefits%20become%20GOP%20target&text=House%20Republicans%20are%20considering%20treating,for%20President%20Trump's%20tax%20cuts.https://www.americanprogress.org/article/proposed-legislation-threatens-to-raise-costs-for-student-borrowers-and-dismantle-consumer-protections/

Source diversity

11

studentaid.govwww.cnbc.combudgetmodel.wharton.upenn.eduedworkforce.house.govwww.politico.comticas.orgwww.congress.govpmc.ncbi.nlm.nih.govurldefense.comwww.cbo.govwww.americanprogress.org

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