How Did Student Loans Become So Political?
Episode description
Student loan forgiveness has been a political hot potato for years, and recent moves by the Biden administration have reignited fierce debates. I’m breaking down the political chess game behind these battles and where things might go from here.
In today’s episode:
09:24 Regulations unintentionally increased debt balances for borrowers
18:46 The COVID student loan repayment pause triggered a ripple effect
24:48 Transitioning to executive action after not getting support in Congress
31:10 Provoked by benefits, costs, and generous terms, Republicans decided to sue
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