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Marketplace Morning Report

How student loan caps shaped one family's college decision

Marketplace Morning Report

Marketplace

News, Business

4.5927 Ratings

🗓️ 1 May 2026

⏱️ 9 minutes

🧾️ Download transcript

Summary

When college-bound high school seniors commit to a school, it's always a complicated calculus, especially for families who need financial aid. But for students starting this fall, there’s a new wrinkle: new caps on how much parents can borrow from the federal government to help their kids pay for college. Today, one high school senior and his mom talk college finances. Plus, we'll recap an especially busy week for the economy.

Transcript

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0:00.0

Programming is supported by Stoll Reeves, a leading U.S. corporate litigation law firm providing sophisticated business clients' high-quality legal services with offices in seven states and Washington, D.C.

0:12.6

Stole Reeves is a nationally recognized leader in project finance and natural resources industries.

0:18.9

From deals and disputes to compliance and counseling, clients turn to Stole Reeves for their most complex business challenges.

0:26.0

Learn more at S-T-O-E-L.com.

0:30.5

Storms, floods, and fires are ever more extreme.

0:34.2

And yet, the Federal Emergency Management Agency is fighting for its life.

0:38.6

I've never been a big fan of FEMA.

0:40.0

FEMA's a disaster.

0:41.2

FEMA's a dirty way.

0:41.9

People are waking up in droves to the FEMA camps.

0:44.8

Can the agency survive the stories that have been told about it?

0:48.2

And can we survive without FEMA?

0:50.6

American Emergency, the Movement to Kill FEMA, is a brand new series from WNYCs on the media.

0:57.3

Listen, wherever you get your podcasts.

1:01.4

How much are higher gas prices affecting the economy?

1:05.5

From Marketplace, I'm Nancy Marshall Genser in Washington.

1:08.8

It's been an especially busy week for the economy. There was the

1:12.5

decision to keep interest trade steady from the Federal Reserve. We got the first reading on

1:17.0

economic growth for the U.S. economy at the beginning of this year, and the war in the Middle East

1:21.6

continues to rattle the oil market. For more, let's turn to Gus Foshachet. He's chief economist at the PNC Financial Services

1:29.4

Group. Good morning. Good morning, Nancy. So the straight of Hormuz is still essentially shut down.

1:35.3

And there are reports that President Trump is being briefed on the next round of possible military

...

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