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Is the U.S. Moving Closer to Erasing All Federal Student Loans?

Is the U.S. Moving Closer to Erasing All Federal Student Loans?

FromConsider This from NPR


Is the U.S. Moving Closer to Erasing All Federal Student Loans?

FromConsider This from NPR

ratings:
Length:
12 minutes
Released:
Jun 11, 2022
Format:
Podcast episode

Description

After years of struggling to pay federal student loans used to attend the for-profit Corinthian Colleges, hundreds of thousands of student borrowers will have their debt canceled. Corinthian closed in 2015 after investigators found it had defrauded students with misleading claims about future job prospects. Earlier this month, The Department of Education discharged all outstanding debt for all Corinthian borrowers.With over a trillion dollars owed, federal student loan debt has been called a national crisis. Advocates for the cancellation of all federal student loans hope the Department of Education's latest move could signal a step in that direction.We speak with political strategist and student loan cancellation advocate Melissa Byrne. In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
Released:
Jun 11, 2022
Format:
Podcast episode

Titles in the series (100)

Every weekday afternoon, the hosts of NPR's All Things Considered help you make sense of a major news story and what it means for you in 15 minutes. In participating regions, you'll also hear from local journalists about what's happening in your community.