PDS 4.28 I'm Sorry...
The Philip DeFranco Show
philip defranco
4.7 • 1.1K Ratings
🗓️ 28 April 2022
⏱️ 10 minutes
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| 0:00.0 | Oh, sup you beautiful bastards. Welcome back to the Philip DeFranco show. I'm definitely not faking |
| 0:05.5 | this energy, baby. Running at 100%. Welcome back to the Philip DeFranco show. Hit that like button |
| 0:11.8 | if you want me to punch you in the throat and let's just jump into it. Y'all, first up today, |
| 0:15.7 | you know, over the last 24 to 36 hours, there's been a lot of talk about Biden very much leaning |
| 0:20.7 | towards for giving up to $50,000 |
| 0:23.1 | of student loan debt and it's resulted in headlines like |
| 0:25.7 | student loan forgiveness of $50,000 is getting more and more likely, |
| 0:29.4 | says top Democrat. |
| 0:30.6 | But today, this is what we saw. |
| 0:32.2 | All my faults! |
| 0:34.4 | Ag! |
| 0:36.4 | No, I'm sorry, wrong clip, this one. |
| 0:38.3 | Secondly, I am considering dealing with some debt reduction. |
| 0:43.2 | I am not considering $50,000 debt reduction, |
| 0:47.1 | but I'm in the process of taking a hard look at whether or not |
| 0:50.2 | there will be additional debt forgiveness. |
| 0:56.1 | And I'll have an answer on that in the next couple weeks you know the timing of this decision or whatever the hell's going to happen it is |
| 0:59.9 | important because the the Biden administration has continually extended the moratorium on loan |
| 1:04.5 | payments and interest with the most recent extension being right around the corner august 31st it was |
| 1:10.2 | a six time the freeze was extended. |
| 1:11.9 | And according to a report last month from the Federal Reserve Bank of New York, nearly 37 million |
| 1:16.4 | borrowers have saved about $195 billion from the moratorium through April of 2022. And that same |
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