Another solution to our student loan debt problem?

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 25 August 2022

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s happening! After months of debate, President Joe Biden is forgiving up to $20,000 in student loan debt. One listener wants to know whether the bankruptcy system can offer an alternative solution to the student loan debt crisis. We’ll help break it down. Plus, more of your questions about how congressional staffers get paid, congestion at our ports and hard seltzer.

Here’s everything we talked about today:

Top economist Larry Summers echoes Sen. Elizabeth Warren about solving student debt problem from Fortune
“Should student loans be dischargeable in bankruptcy?” from the Brookings Institution
“Peak freight season is underway there’s no end in sight for congestion” from CNBC
“House votes to allow congressional staffers to unionize” from NPR
“Hard Seltzer Fad Fizzles as Light Beer Makes a Comeback” from The Wall Street Journal
White Claw and Truly Hard seltzer, explained from Vox

Have more questions for our hosts? Email us at [email protected], or leave a voice message at 508-U-B-SMART.

Transcript

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0:00.0	You're like four seconds late, pal.
0:02.6	I don't want to hear another word at you.
0:04.4	Jesus.
0:05.4	Hey, everybody.
0:06.4	Welcome back to Make Me Smart, where we make the day make sense.
0:09.6	I'm Kai Rizdal.
0:10.6	And I'm Kimberly Adams.
0:11.8	Thank you for joining us for what do you want to know Wednesday, the day in the week
0:15.5	where we answer listener questions.
0:17.6	So if you've got one, a question that is about the economy or business or technology,
0:22.0	email us and make me smart at Marketplace.org or leave us a voicemail.
0:26.0	Our phone number is 508.
0:27.2	You be smart.
0:28.2	That's a letter.
0:28.7	You let her be.
0:29.5	Thank you, Amy Scott.
0:30.5	You be smart.
0:32.2	And today, by the way, we're going to lead with a Newsy kind of question about President
0:38.1	Biden's decision to cancel some student debt in this economy.
0:43.3	And we're going to go straight to that first question.
0:44.8	Hey, Make Me Smart.
0:46.7	My name is Beth.
	...

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