Let's Break Down the $10K Student Loan Forgiveness Initiative

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 26 August 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are you eligible for $10,000 in student loan forgiveness? After months and months and months of speculation, we finally have word that many Americans will receive $10,000 of automatic student loan forgiveness. Will that be you, will it make a difference in your life, and what do you need to know all in this special episode? Links Department of Education Subscription Page Studentaid.gov Addressing the $1.5 Trillion in Student Loan Debt article Federal Student Aid Information on the Initiative CNN How to Qualify for Biden's New Student Loan Forgivness Act Episode Sponsors Thanks to Chime for sponsoring the show. Get started with Chime today. Applying for a free account takes less than 2 minutes. Get started at chime.com/mymoney. Thanks to Apple Card for sponsoring the show. Apply for the Apple Card now in the Wallet app on iPhone and start using it right away. Thanks to the Jordan Harbinger Show for sponsoring this episode. Search for The Jordan Harbinger Show on Apple Podcasts, Spotify, or wherever you listen to podcasts. Thanks to BetterHelp for sponsoring the show. I want you to start living a happier life today. As a listener, you’ll get 10% off your first month at BetterHelp by visiting our sponsor at http://www.betterhelp.com/mymoney. Thanks to Shopify for sponsoring the show. Shopify is more than a store. Connect with your customers. Drive sales. Manage your day-to-day. Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. LEAVE US A REVIEW Leave us an honest rating and review, pretty please. Head to the podcast player you’re listening to this episode in to leave us a review or you can click here to leave a review for Everyone's Talkin' Money podcast on Apple Podcasts. Love this episode? Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode! GOT A QUESTION? Have a Shannah Shares question? Submit your question here https://bit.ly/shannahshares MORE MONEY TIPS Follow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgame FREE GUIDES + RESOURCES Download our FREE Top 25 Episode Guide See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	After months and months and months and months of speculation, we finally have word that many Americans will receive $10,000 of student loan forgiveness.
0:19.1	Will that be you?
0:20.2	Will it make a difference in your life?
0:22.0	And what do you need to know all in this special episode?
0:30.0	Welcome to everyone's talking money podcast.
0:33.1	I'm your host, Shauna Game.
0:35.6	There's no judgment, no dumb questions, just smart conversations about you and your money.
0:41.3	So come on in and grab a seat. Everyone is welcome here.
0:51.8	Welcome back to the show. It is so good to have you here. Now you know, if you've been listening to this show for a while, I don't always do super topical episodes because with money, headlines just come and go pretty fast. So by the time I got an episode out, probably that money headline would be it had come and gone and maybe no longer
1:12.7	relevant, but this is a headline we've all been waiting for, and it's a big one, a once-in-the-lifetime
1:19.2	headline, student loan forgiveness. This is something we have been waiting on baited breath
1:25.8	for quite some time, and there's also a lot of discussion over student
1:31.0	loan forgiveness. Some people like it. Some people don't like it. And those are very polarizing
1:36.7	opinions. But I say, show me the money. And if you don't get the reference, please go watch
1:42.6	Jerry McGuire right now. But this is something
1:45.8	that I believe personally has needed to happen. I mean, we need a whole student loan reform. We need a
1:52.0	whole reform of college costs of expectations on young 20-year-olds that graduate from college with massive amounts of student loan debt.
2:03.2	I mean, it's just, it's gotten to the place where ridiculous isn't even the right word you can use.
2:09.7	So I want to do a deep dive and talk about all the specifics.
2:13.1	And then talk about student loan debt payoff just as a goal, a goal you might have.
2:18.2	Because I know if you're listening right now and you have student loan debt, you want those
2:23.0	loans paid off ASAP and you don't care quite how that happens.
	...

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