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NerdWallet's Smart Money Podcast

Student Debt Cancellation Debate, Part 2

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2665 Ratings

🗓️ 21 April 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

Is student loan cancellation the key to liberating those crushed under burdensome debt, or a potentially-ineffective political ploy?  In this two-part Nerdy Deep Dive into student loans, Sean and student loans Nerd Anna Helhoski explore how taking on huge amounts of student debt has become the norm in America. They also discuss what’s shifting now in today’s student debt conversation.  In Part 2, we speak with two experts — each falling on one side of the student debt cancellation debate. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:34.6

Welcome to the Nerd Wallet Smart Money Podcast,

0:37.0

where we typically answer your personal finance questions

0:39.4

and help you feel a little smarter about what you do with your money. Like last week's episode,

0:44.3

we are doing something pretty different than usual for smart money in this episode. We're doing

0:48.7

a nerdy deep dive into student loans, how they came to be and what's happening around cancellation.

0:53.6

If you didn't hear the

0:54.7

previous episode, I would encourage you to go back and give it a listen to find out the history

0:59.0

of student debt and how we arrived at $1.75 trillion worth of it. For this episode, I'm joined

1:05.2

once again by our resident student loans expert, Anna Hilhouski, for the second in this two-part

1:10.4

series. Anna, welcome back to in this two-part series.

1:11.3

Anna, welcome back to the podcast.

1:12.9

Thanks, Sean.

...

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