Student Debt, You’re Cancelled

President Biden announced on Wednesday a plan that would cancel $10,000 in student loan debt for millions of Americans, and $20,000 for Pell grant recipients. That will allow millions of borrowers to become debt-free, but critics say it won’t benefit those with larger balances nearly as much as full forgiveness – a goal that progressives have pursued for years. Braxton Brewington with the Debt Collective, an organization that works to empower student loan borrowers, joins us to discuss the decision’s impact, and why more needs to be done.

And in headlines: a Russian missile strike killed at least 22 people at a train station in central Ukraine, the Uvalde school district fired its police chief, and a new study shows that long COVID has taken out as many as 4 million Americans from the workforce.

Show Notes:

• The Debt Collective – https://debtcollective.org/
• Associated Press: “Biden’s student loan plan: What we know (and what we don’t)” – https://apnews.com/article/student-loan-forgiveness-program-explained-d248f3b049c292856bb1c74be6aedef2
• Vote Save America: Fuck Bans Action Plan – https://votesaveamerica.com/roe/

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