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How Student Debt Became a $1.6 Trillion Crisis

How Student Debt Became a $1.6 Trillion Crisis

FromOFF-KILTER with Rebecca Vallas


How Student Debt Became a $1.6 Trillion Crisis

FromOFF-KILTER with Rebecca Vallas

ratings:
Length:
59 minutes
Released:
May 6, 2022
Format:
Podcast episode

Description

For more than two years, student loan repayment in the United States has been on pause, and interest on those debts has been frozen in light of the pandemic. In April, that pause was extended to August 31 of this year, offering another temporary reprieve for borrowers, many of whom were struggling to make often-crushing payments well before COVID-19 became a household name. Now, after years of calls to cancel some or all of the nation’s $1.6 trillion in student loan debt, federal policymakers are seriously considering finally taking a step in that direction.  To unpack how student debt became a $1.6 trillion crisis, what’s being discussed in Washington, and why student debt cancellation must be just the beginning of the conversation on making higher education affordable, Rebecca sat down with two of The Century Foundation’s experts on the subject: Tiara Moultrie, a fellow at TCF whose work focuses on higher education accountability, and Peter Granville, a senior policy associate studying federal and state policy efforts to improve college access and affordability.  For more: Here are some helpful updates on where the push to cancel student debt stands: from Business Insider, CNBC, The Hill  Check out more of TCF’s higher education work
Released:
May 6, 2022
Format:
Podcast episode

Titles in the series (100)

Off-Kilter is a podcast about economic liberation—and the shifts in collective consciousness it will take to set us all free. Every week, Rebecca Vallas talks with visionary leaders and organizations working to reinvigorate our shared imagination and disrupt the imbalance of power in our society. Find Off-Kilter on the Progressive Voices Network, the We Act Radio network in D.C., local radio stations across the U.S., and wherever you get your podcasts.