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Post Reports

How the student loan freeze helped Black women

Post Reports

The Washington Post

Daily News, Politics, News

4.45.1K Ratings

🗓️ 11 April 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

On today’s episode of “Post Reports,” what life without federal student loan payments has meant for Black women. Plus, the double life of a WNBA star.


Read more:


Lamesha Brown bought a house. Alphi Coleman feels like she can finally rest. Lisa Jackson says it “almost feels like a raise.” 


For millions of Americans who took out loans to pay for college, the past two years have offered a chance to live without the burden of education debt. But Black women like Brown, Coleman and Jackson shoulder a disproportionate share of the $1.7 trillion student debt burden. 


Reporter Danielle Douglas-Gabriel talked with women about what they have been able to do while federal student loan repayment has been on pause during the pandemic. 


Plus, one more thing. It’s not unusual for retired professional athletes to have a second career in sports broadcasting, but Chiney Ogwumike is doing both at the same time. The WNBA star/NBA analyst spoke to sports reporter Ben Golliver


If you love “Post Reports,” help us win a 2022 Webby award by casting your votes here and here! We are nominated for best news and politics individual episode and best business individual episode.

Transcript

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0:00.0

Hey, it's Martine.

0:03.3

Before we start the show today, I have a big favor to ask.

0:06.9

Post-reports has been nominated for two Webby Awards, which is a huge deal.

0:11.8

And the only way we win is if we get the most votes.

0:14.6

So please vote for us to win.

0:16.7

We'll put a link in our show notes and at postreports.com where you can do that.

0:20.1

It only takes a few minutes and it really helps us a lot.

0:23.8

Thank you for listening and for all your support.

0:26.6

Here's today's show.

0:28.9

On April 5th, the White House decided that they would extend the Federal Student Law

0:33.9

and Payment Pause for several more months instead of everyone returning to repayment in

0:39.2

May.

0:40.2

They'll now have until the end of August.

0:42.4

That's August 31st.

0:44.2

Danielle Douglas Gabriel covers the Economics of Higher Education for the Post.

0:51.3

So a big part of her B is reporting on student debt.

0:55.2

All student loan debt repayment has been on pause for two years.

0:59.3

And now that's going to continue, at least through August.

1:02.5

So for a lot of people who have been dealing with this debt for their entire adult lives,

1:08.0

this pause during the pandemic has given them a glimpse of what life would be like debt-free.

1:15.0

So I'd seen a lot of research that show that black women held the most amount of student

1:19.4

loan debts.

...

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