
Catherine Lucas-McKay
Associate director at the Aspen Institute's financial security program, leading research on topics like consumer debt and student loans.
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Aug 21, 2025 • 38min
The new reality for student loan borrowers
Michelle Singletary, a personal finance columnist for The Washington Post, joins Danielle Douglas-Gabriel, a national higher education reporter, and Catherine Lucas-McKay, an expert on consumer debt at the Aspen Institute. They discuss the significant shifts in the federal student loan system, including the end of the SAVE plan and what it means for millions of borrowers. The conversation highlights emerging repayment options, ongoing legal challenges, and the financial strategies students should be aware of to navigate this new landscape effectively.