• Is Biden’s Student-Debt Relief Plan the Worst of Both Worlds?

  • Sep 29 2022
  • Length: 25 mins
  • Podcast

Is Biden’s Student-Debt Relief Plan the Worst of Both Worlds?

Listen for free

View show details

  • Summary

  • Nearly two years into his Presidency, Joe Biden, with an executive order, announced a plan to forgive up to twenty thousand dollars in student debt for millions of borrowers. This plan, the first mass student-debt cancellation of its kind, will come at a big cost: an estimated four hundred billion dollars. This figure, released by the Congressional Budget Office, has fired up opponents, and, earlier this week, the first legal challenge to the policy was filed: a suit from a conservative law firm representing a plaintiff who claims that the plan will force borrowers in some states to pay undue taxes on the forgiven amount. And that may only be the beginning. Republican lawmakers have pledged to keep the challenges coming, to chip away at the policy, and perhaps even take it to the Supreme Court. The New Yorker staff writer Andrew Marantz has written about the politics of debt cancellation for newyorker.com. He speaks with the guest host Tyler Foggatt about populism in a polarized political environment, the triumphs of Occupy Wall Street, and the practical challenges of enacting centrist Democrats’ watered-down progressive reforms.
    Show More Show Less
Show More Show Less

What listeners say about Is Biden’s Student-Debt Relief Plan the Worst of Both Worlds?

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.