Chapter
New Payment Plan for Student Loans Offers Debt Forgiveness
00:00 - 03:31 (03:31)
The new student loan payment plan will make paying back undergraduate loans more affordable and lead to debt forgiveness for around 40 million people with student loan debt. There are currently 45 million people in the US with student loan debt totaling $1.6 trillion.
Clips
The Daily’s Stacey Cowley discusses President Biden’s proposed plan to cancel significant amounts of student loan debt for tens of millions of Americans, the intense debate it has generated, and how it could transform the way Americans pay for higher education.
00:00 - 01:35 (01:35)
Summary
The Daily’s Stacey Cowley discusses President Biden’s proposed plan to cancel significant amounts of student loan debt for tens of millions of Americans, the intense debate it has generated, and how it could transform the way Americans pay for higher education.
ChapterNew Payment Plan for Student Loans Offers Debt Forgiveness
EpisodeA New Plan for Student Loans
PodcastThe Daily
The U. S. government has created a new payment plan that aims to make the repayment of undergraduate loans more affordable and is expected to lead to debt forgiveness for around 40 million people with student loan debt, totaling $1.6 trillion.
01:35 - 03:31 (01:55)
Summary
The U. S. government has created a new payment plan that aims to make the repayment of undergraduate loans more affordable and is expected to lead to debt forgiveness for around 40 million people with student loan debt, totaling $1.6 trillion.