President Biden's ongoing efforts to forgive student debt, the Supreme Court's decision, and the confusion among borrowers. The complexities of getting a new cell phone plan and the benefits of using Mint Mobile's services. The topic of student loan forgiveness under the Biden administration and recent legislation introduced to address student loan interest rates.
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Quick takeaways
President Biden continues to explore alternative paths for student debt forgiveness despite a Supreme Court defeat.
The Supreme Court ruling on student debt forgiveness has sparked discussions about interest rates, targeted relief, and reforming the student loan system.
Deep dives
President Biden's student debt forgiveness plan faces challenges
President Biden attempted to pass a student debt forgiveness plan through executive power alone, but it was struck down by the Supreme Court. However, he continues to fight for student relief and explore alternative paths to provide debt forgiveness to those in need.
The president's journey on student loan forgiveness
President Biden had promised student loan forgiveness during his campaign and adopted a policy championed by figures like Kamala Harris and Elizabeth Warren. He faced challenges and skepticism about his authority, but he implemented smaller policies to chip away at the problem. After the Supreme Court defeat, he introduced a new plan under the Higher Education Act, but potential legal challenges remain.
Impact and future prospects of student loan forgiveness
The Biden administration has approved over $116 billion in student loan forgiveness for 3.4 million borrowers. While the Supreme Court ruling didn't uphold his previous plan, it has expanded the imagination of what is possible and sparked further discussions about interest rates, targeted relief, and reforming the student loan system. The public sentiment on student debt forgiveness is mixed, with some empathizing with the burden and others expressing concerns about cost and fairness.
President Biden can’t stop, won’t stop trying to forgive student debt, even as borrowers are shortly expected to resume payments. The Washington Post’s Danielle Douglas-Gabriel explains.
This episode was produced by Jon Ehrens, edited by Amina Al-Sadi with help from Jolie Myers, fact-checked by Hady Mawajdeh and Amanda Lewellyn, engineered by Cristian Ayala, and hosted by Sean Rameswaram.