Morning Brew Daily Biden's Plan for $0 Student Loan Payments & How A.I. is Shaping the Future of Warfare
Aug 1, 2023
President Biden's new student loan plan could leave borrowers with payments as low as $0, reshaping consumer spending dynamics. Meanwhile, the costly launch of a new nuclear reactor raises questions about the future of energy. Palantir's stock is soaring as AI transforms warfare, shifting strategies from physical battles to algorithm-driven decisions. Additionally, Birkenstock's IPO buzz and the rise of Pokémon Sleep highlight trends in fashion and health gamification, alongside a notable increase in American vacations.
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Toby's Wedding Tears
- Toby Howell's trip to Salt Lake City included a wedding where he unexpectedly became emotional.
- He realized he's a "wedding crier" after tearing up when he saw his friend's mom crying.
Biden's SAVE Plan
- Biden's new SAVE plan offers student loan borrowers more lenient terms, potentially lowering payments to zero.
- This follows the Supreme Court's rejection of his broader forgiveness plan.
SAVE Plan Cost
- Biden's SAVE plan, while potentially beneficial, carries a significant cost to the government.
- It's estimated to cost between $138 billion and $361 billion over 10 years.