LIVE: Real Cost of "Canceling" Student Loan Debt
Heritage Explains
Heritage Podcast Network
4.7 • 848 Ratings
🗓️ 24 August 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
Recorded LIVE: The Biden administration has announced plans to pay off billions of dollars in student loans for college graduates. The administration will also extend a federal pause on student loan repayments, letting students avoid making even one payment on their loans or accruing new interest. Who’s going to pay for it? Working and middle-class Americans who likely didn’t have the same luxury to go to college. On this episode, we are going live to dive into this fundamentally unfair and regressive move that will also accelerate already historic inflation.
Don't miss any future episodes of Heritage Explains LIVE, subscribe to the Heritage Foundation YouTube channel to be notified: https://www.youtube.com/c/TheHeritageFoundation
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | From the Heritage Foundation, I'm Tim Desher, and this is Heritage Explains live. |
| 0:35.5 | Okay, folks, billions and billions and billions of dollars in student loan, debt forgiveness, |
| 0:39.8 | coming at you from the Biden administration. We've hearing it all day wall to wall so we wanted to get the experts in the room we wanted to clear it up and we |
| 0:45.4 | wanted to talk about just how much this is going to cost and what it means for the future going |
| 0:51.8 | forward we have our buddy E.J. Antony with us. He's going to break it all down. |
| 0:58.0 | Let us know what you think of this interview. John Pop, let's roll it. Okay, the Biden administration, |
| 1:05.2 | the Biden administration, E.J. has announced plans to pay off billions of dollars in student loans for college graduates. |
| 1:13.8 | The administration will also extend a federal pause on student loan repayments, |
| 1:19.9 | letting students avoid making even one payment, one payment, on their accruing new interests. |
| 1:26.9 | Now, who's going to pay for it? Working class |
| 1:30.3 | and middle Americans, some of, a lot of them probably didn't have the same luxury as the people |
| 1:36.6 | that they're paying had to go to college. So talking about it here today, we are live in Washington, |
| 1:43.7 | D.C., where it's all happening right |
| 1:46.2 | across the street and down the street. |
| 1:48.5 | It's always happening here, E.J. |
| 1:50.7 | My guest today this evening is E.J. and Tony, he's an incredible asset here at the Heritage |
| 1:56.1 | Foundation. |
| 1:57.1 | It's been tracking this as it happens, E EJ. Thank you for joining me. |
| 2:01.6 | My pleasure. What a day. I wish it was under happier circumstances. |
| 2:05.6 | It's like we always turn these cameras on it. It's always like, oh my gosh, what's happening? But that's why we get you here. |
| 2:11.6 | So you can at least break it down for us to make it a little bit more manageable, break through a little bit of what's happening. And folks, I wanted to invite you into this as well. We are live on Getter, Facebook, |
| 2:23.6 | Twitter, and YouTube. We have such a great following EJ from all across the conservative movement. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Heritage Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Heritage Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

