The Policy and Politics of Student Loan Forgiveness
Almost everyone has an opinion about student loan forgiveness. But it's often more complicated than many think. There are seven federal student loan programs and 16 repayment options. Which programs might be included in the Biden administration's loan forgiveness plan, if it happens? When might it happen? With potentially 45 million borrowers involved, will the administration make a tradeoff between ease of implementation and the ability to target it? And with the midterms just six months away, what are the politics of loan forgiveness? Jon Fansmith and Terry Hartle (try) to answer these and other questions in a live recorded episode. Here are some links and references from this week's show:
Biden Plunges Into the Risky Politics of Student Loan Debt
The Washington Post (sub. req.) | May 15, 2022
OPINION: Student Debt Is Crushing. Canceling It for Everyone Is Still a Bad Idea.
The New York Times (sub. req.) | May 14, 2022
Harder Than It Sounds: Income-targeted Student Loan Forgiveness Invites a ‘Train Wreck’
Politico | May 13, 2022
White House May Limit Student Loan Relief to Incomes under $125,000, Psaki Says
Forbes | May 3, 2022
U.S. Forgives $6.8 Billion in Public Service Worker Student Loans
Bloomberg | May 4, 2022
White House Officials Weigh Income Limits for Student Loan Forgiveness
The Washington Post (sub. req.) | April 30, 2022
Biden's Latest Student Debt Move Will Bring 3.6 Million Borrowers Closer to Loan Forgiveness
CNN | April 29, 2022
Schumer Calls on Biden to Cancel $50,000 in Student Debt for All
CNBC | September 21, 2021
Can Biden Cancel Student Debt? Depends Who You Ask
Inside Higher Ed | August 11, 2021
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