Jordan Weissmann, Senior Editor at Slate.com, digs into America's staggering $1.7 trillion student debt crisis. He discusses the emotional and economic toll student loans take on individuals and society at large. The conversation includes robust arguments for and against debt cancellation, highlighting its implications for younger voters and marginalized communities. Weissmann also tackles objections to debt forgiveness and compares the U.S. system to more efficient models abroad, making a case for reforming education financing.
Americans owe $1.7 trillion in student loans, and some Democrats think the time has come to cancel this burden. Derek shares 10 big student-loan facts that shape the debate. Then Jordan Weissmann of Slate joins the podcast to talk about the proposal to cancel student debt, the best arguments for and against it, the modern history of student loans, and their economic and psychological burden.