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A looming deadline for student loan forgiveness

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 26 April 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

People with certain federal student loans have until Tuesday to consolidate them and qualify for debt cancellation. The Department of Education is reviewing over 40 million loan accounts and issuing credit for past payments that previously didn’t count toward forgiveness. Also in this episode: a look at the latest inflation reading, Americans’ savings habits and pop-up coworking spaces.

Transcript

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The numbers are not going in the direction the Fed would like them to be going.

1:21.0

From American public media, this is Marketplace.

1:27.0

In Washington, D.C. I'm Kimberly Adams in for Kyi Rizdahl. It's Friday, April 26,

1:39.2

good to have you with us. Capping out a week of big economic data releases, we got a view this morning of the Federal

1:45.8

Reserve's Preferred inflation measurement for March, the Personal Consumption Expenditures

...

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