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This Student Debt Relief Program Will Cost Taxpayers at Least $39 Billion

The U.S. Government Accountability Office is opening a review of the cost of the plans following a June 19 request filed by Mike Enzi, the Wyoming Republican who chairs the Senate Budget Committee. According to spokesman Joe Brenckle, Enzi is concerned about the “fiscal uncertainty” surrounding the long-term costs of the income-based repayment plans.