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The Realignment

280 | Saagar & Marshall on Biden's Student Loan Forgiveness Plans + Beth Macy on the Next Stage of the Opioid Crisis

The Realignment

The Realignment

Saager Enjeti, Technology, Policy, News, Marshall Kosloff, International Relations, Politics, News Commentary, Public Policy, U.s. Politics, National Security, Economics

4.82.5K Ratings

🗓️ 26 August 2022

⏱️ 86 minutes

🧾️ Download transcript

Summary

In today's two-part episode, Saagar and Marshall discuss President Biden's student loan forgiveness plan and how they think one can actually "solve" America's higher education crisis. Then, Beth Macy, author of Raising Lazarus: Hope, Justice, and the Future of America's Overdose Crisis and Dopesick: Dealers, Doctors, and the Drug Company That Addicted America, joins the show to discuss the next stage of the opioid crisis.

Transcript

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0:00.0

Marshall and Saga here. Welcome back to the re-enlightenment.

0:09.0

Hey everyone, welcome back to the show. We were going to push off the discussion episode

0:13.8

until next week, but the student loan for doing this plan news dropped. So what we're going to do

0:18.4

instead is do a shorter discussion episode on this topic. And I'm going to attach this to an

0:22.7

interview with Beth Macy on the opioid crisis, which is also coming out at the end of this episode.

0:27.8

So be sure to stay tuned for that. Of course, you guys know the deal. These extra episodes,

0:33.6

this extra content is brought to you by Supercast. Folks who've gone to re-enlightenment.com.

0:39.5

Five a month, 50 a year, 500 for a lifetime membership. This gets you access to

0:44.0

bonus content, community features, Q&A. We know you guys love those AMA episodes. And most

0:49.0

importantly, it helps us upscale the show. I want to start doing in-person recordings in Austin.

0:54.1

That's going to be a real game changer for our content, but it's also going to actually

0:57.9

significantly increase the cost here. So we'd love to get that support. Once again, that's

1:02.3

re-enlightenment.com. Okay, so let's get into the news, which we'll not be breaking by Friday, but

1:09.2

is going to be pretty, let's say moment setting no matter what happens this month. What's up

1:14.1

with the student loan plan? Yeah, okay. So let's go and bring up the actual announcement. This is

1:20.4

from President Biden, so that there is no accusations that I am. Spitting things. All right,

1:27.2

here's what the Biden administration graphic says. By the way, they released this on Twitter,

1:30.4

which actually do find kind of noteworthy and kind of cool. Forgiving debt, there will be a $20,000

1:34.8

debt for givement if you went to college on Pell grants. There will be $10,000 if you do not

1:40.3

receive Pell grants. Forgiveness only applies to those who are earning less than $125,000.

1:47.0

Student loan pause extends one final time through the December 31st, 2022. Payment based upon

1:54.6

income. If you have undergraduate loans, you can cap repayment at 5% of your monthly income

...

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