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NerdWallet's Smart Money Podcast

Student Loan Forgiveness Struck Down by Supreme Court. Now What?

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 30 June 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

The Supreme Court has struck down President Biden’s student loan forgiveness plan. Sean and Anna discuss what this means for consumers — including when you can expect payments to resume. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:30.2

Well, it's finally here.

0:32.4

The Supreme Court released its decision about the Biden administration's debt forgiveness plan,

0:37.4

and as you've probably

0:38.6

heard, the plan was unforgiven.

0:42.0

This disappointing news for many, so in this episode will help you make sense of what it

0:45.7

means for your finances. Welcome to NerdWallet Smart Money podcast, where you send us your money questions, and we answer them with the help of our genius nerds.

1:08.0

I'm Sean Piles.

1:09.3

In this money news episode of Smart Money, I'm talking

1:11.6

with student loans nerd Anna Halhouski about the Supreme Court's decision on the Biden

1:15.6

administration's federal student loan cancellation plan and what it means for you. Welcome to

1:20.6

Smart Money, Anna. Wish I were here with happier news, Sean. Yeah, likewise. So, Anna, I mentioned

1:26.3

at the top that the court struck down the administration's big

...

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