The Journal. cover image

The Journal.

Biden’s New Plan to Cancel Student Debt

Apr 9, 2024
Andrew Restuccia, a Wall Street Journal reporter specializing in domestic policy, dives into Biden's ambitious plan to cancel student debt for nearly 30 million borrowers. He discusses how this move aims to regain the trust of progressive and young voters ahead of the election. The conversation highlights Biden's evolving views on debt forgiveness and the legal hurdles he faces. Restuccia also emphasizes the urgency of this initiative, given the skepticism among young voters regarding financial struggles and the political stakes involved.
18:11

Podcast summary created with Snipd AI

Quick takeaways

  • Biden's student debt plan appeals to progressives and young voters pre-election.
  • Biden navigating a complex legal process under the Higher Education Act for debt relief.

Deep dives

President Biden's Reintroduction of Student Debt Cancellation

President Biden has reintroduced a program to cancel student debt, aiming to provide relief to hardworking Americans and bolster the economy. Despite facing challenges previously, Biden is retracing this initiative as a crucial move, especially in an election year where he needs support from young voters, a significant demographic burdened by student loans.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner