Archive for the ‘student debt’ Tag

The student loan paaaaauuuuuse   Leave a comment

Link: https://www.npr.org/2022/04/15/1093113723/the-student-loan-paaaaauuuuuse

For some, the student loan repayment pause that started in 2020 has allowed people to purchase houses, cars, and have babies. Most student loan borrowers have not made any payment towards their loans because there is no incentive to; especially with the Biden Administration promising $10,000 of loan forgiveness. If loan repayments were to resume it could be detrimental to those that are not prepared to start making those payments again.

Original Air Date: April 15, 2022

Length: 22 Minutes 44 Seconds

Discussion Prompt: What do you think the macroeconomic consequences would be if the government resumed loan payments?

The Life-Altering Differences Between White and Black Debt   1 comment

Link: https://podcasts.apple.com/us/podcast/the-ezra-klein-show/id1548604447?i=1000540488241

Federal student loan interest and payments are set to resume after January for about 45 million Americans who carry an astounding $1.8 trillion in student debt. Louise Seamster, a sociologist at the University of Iowa, discusses wealth disparities between black and white borrowers and how student debt shapes the lives of young people. Seamster also considers solutions to the student debt crisis, one of which includes debt cancellation.

Original Air Date: November 2, 2021

Length: 58 Minutes 11 Seconds

Posted November 19, 2021 by fiorinio in Inequality, macroeconomics

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