Radical Personal Finance cover image

883: President Biden's Student Loan Debt Cancellation: Facts, Planning Opportunities, and Commentary

Radical Personal Finance

00:00

The People Who Feel Really Smart Right Now Are Those Who Don't Pay Off Their Student Loans

There are many people who have chosen to not go to college, and they didn't see the point of spending money on something that wasn't a good fit for them. And then therehave been many, many graduates who have graduated from school with student debt and who have worked diligently to pay off their student loans. Those were the people who behaved responsibly. The people who feel really smart right now are those who had student loans, who strung out their student loans,. who didn't pay them back. It's also an expression of stupidity, because it's the government, the federal government itself, that ceded the miscalibrations in the college market place due to these federal loan programs

Play episode from 36:53
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app