39 min listen
Episode 683: Student Loan Debt Forgiveness
FromNewt's World
ratings:
Length:
30 minutes
Released:
Apr 12, 2024
Format:
Podcast episode
Description
Newt discusses the Biden administration's new student loan debt forgiveness plan with guest Adam Kissel, a visiting fellow at The Heritage Foundation’s Center for Education Policy. The plan, which is yet to be finalized and is expected to face legal challenges, proposes to forgive up to $20,000 in interest for nearly 30 million borrowers. The plan could reduce payments for 25 million borrowers and erase all debt for more than 4 million Americans. However, critics argue that the plan is regressive, as it would transfer the debt to taxpayers, potentially costing between $519 billion to over a trillion dollars over 10 years.See omnystudio.com/listener for privacy information.
Released:
Apr 12, 2024
Format:
Podcast episode
Titles in the series (100)
Episode 4: Addiction in America - A Conversation with Patrick Kennedy by Newt's World