President Biden Fights Inflation by Lowering Student Debt Costs

On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that President Joe Biden is fighting inflation and its impact by “lowering the cost of student debt for all of those borrowers” with the student loan plan he announced earlier in the week.

Boushey said, “he President has been focused on using all the tools that he has at his disposal to make sure that he lowers costs for families. So, this is the first President to be negotiating with Big Pharma over prescription drug prices. That’s going to lower prices for seniors all across the country. Of course, he’s lowering the cost of student debt for all of those borrowers. He made a big announcement earlier this week, and it’s going to affect 30 million borrowers across the country.

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President Biden Inflation Student Debt Borrowers Student Loan Plan Cost Reduction

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