Across the country, millions of Americans with unpaid student loans are discovering that years of patience and forgiveness from the U.S. government have officially come to an end.
Stacy Cowley, a business reporter for The Times, explains what is behind the change of heart, sets out its financial consequences for borrowers — and discusses the larger reckoning that it may cause about how Americans pay for higher education.
Guest: Stacy Cowley, a business reporter at The New York Times, with a focus on consumer finance.
Background reading:
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Photo: Seth Wenig/Associated Press
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