4.6 • 14.5K Ratings
🗓️ 7 September 2022
⏱️ 29 minutes
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0:00.0 | What's good, Joe? We here at Coatswitch are working on something extra special. We'll |
0:03.5 | tell you more about that later. But we need your help. We want to answer your questions about |
0:07.9 | the city of Chicago that, you know, of course, have something to do with race and identity. |
0:12.8 | So if you've got a question that has been bugging you about the city of broad |
0:16.8 | shoulders, the windy city, the second city is a lot of nickname for Chicago. |
0:20.1 | Email us at Coatswitch at mpr.org with the subject line, Chicago. All right, Joe. On to the show. |
0:27.6 | I'm Jean-Denby. I'm Karen Griegs-Bvett. And this is Coatswitch. From mpr. |
0:35.8 | So KGB student that relief. Good. Spending the news a lot the last couple weeks. Yep. |
0:41.8 | I'm not about you, but you know, this is like a big deal in my circle because I only recently paid |
0:46.3 | off my student loans. My wife is still paying off her his butt. Yeah, it's just been a thing that we've |
0:50.7 | been talking about a lot in my circle for the last couple years. Yeah, and you know, Jean, I was lucky. |
0:56.4 | I didn't have a whole lot of college debt because I had a partial scholarship to school and I also |
1:01.8 | did something called work studies. I had a bunch of little jobs that helped pay for my tuition. |
1:06.9 | And my parents had saved up using the credit union they belong to. But also, and this is really |
1:12.5 | important. Way back in the day when I went to college, which is way before when you went to college, |
1:19.0 | it really school costs. My school all schools cost a lot less than they do now. Yeah, and because |
1:28.1 | the cost is so bananas and the payback is even more bananas, some people have been weighing |
1:32.9 | where the college is like the right economic choice, whether it makes financial sense |
1:37.6 | to spend money on college. Like people have been talking about just how much they've been paying |
1:41.6 | for decades and just only hitting the interest, not even hitting the principal of these student |
1:45.7 | loans. So is this arbitrage among people's necks? Actually, here's Secretary of Education Miguel |
1:51.2 | Cardona talking to our colleague, Mary Louise Kelly, on all things considered recently. |
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