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Bill Whittle Network

042225O AUDIO ONLY

Bill Whittle Network

Bill Whittle Network

News

4.9720 Ratings

🗓️ 30 April 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

Trump’s new Secretary of Education has announced that the COVID-19 student loan deferments are, after a half-decade, finally about to expire. Time to pay off the $200,000 loan you took out against a Queer Studies degree! Join our crack team of elite anti-elitists by becoming a member or making a one-time donation right here: https://billwhittle.com/register/

Transcript

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0:00.0

Well, the kegs have been killed and the Red Solo Cups are all over the floor and the last dance has been danced.

0:07.0

The party's over at the Education Department, says Linda McMahon.

0:10.0

I'm Scott Ott with Bill Whittle and Stephen Green.

0:12.0

This episode of Right Angles brought to you by the members at Bill Whittle.com

0:16.0

and gentlemen, Secretary of Education Linda McMahon has announced that the COVID-era student loan deferments

0:22.6

that have been stretched out long past the COVID era are over, and people who have borrowed

0:28.5

money to pay for their college education are now being expected to pay for their college education.

0:36.1

Stephen Green, there was some striking stats in a column she wrote for the Wall

0:41.0

Street Journal, that is Secretary McMahon, that she said that the, the deferments promised,

0:47.3

first of all, COVID-era deferments, followed by promises of forgiveness by President Biden

0:51.6

that were struck down by the Supreme Court caused the amount

0:56.2

owed to on student loans to balloon by $60 billion a year from 2021 to 2024. She said the

1:06.3

Education Department has manipulated repayment plans resulting in only 38% of student loan portfolio

1:13.6

of the student loan portfolio being repaid.

1:17.6

So most student loans outstanding are not being repaid and a bunch of them because of promises made by the Biden administration and COVID-era

1:28.4

deferments that were stretched long beyond the era.

1:31.0

Steve, I'm trying to see both sides of this situation.

1:35.6

Is it possible that Biden's student loan deferment and these promises of forgiveness on these

1:42.7

loans could have provided some necessary relief to borrowers who were

1:47.6

facing real economic hardship.

1:50.6

And honestly, what risk does Linda McMahon run by pushing for immediate repayment?

1:57.3

What risk could that cause to these people who were so put upon by these loans?

...

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