meta_pixel
Tapesearch Logo
Log in
The Brian Lehrer Show

Student Loans and the Dismantling of the Education Department

The Brian Lehrer Show

WNYC

Arts, Lerer, Radio, York, Wnyc, News, Media, New, Npr, Nyc, Bryan, News Commentary, Politics, Daily News, Public

4.71.4K Ratings

🗓️ 21 March 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

CNBC personal finance reporter Annie Nova on the state of Trump's Education Department and the predicament for student borrowers.

Transcript

Click on a timestamp to play from that location

0:00.0

Listener supported WNYC Studios.

0:07.2

It's the Brian Laird Show on WNYC.

0:21.5

Good morning again, everyone.

0:23.0

You've been hearing the news of the Trump executive order to begin dismantling the U.S. Department of Education.

0:29.0

It would take an act of Congress to abolish it officially,

0:31.7

but Trump and his education secretary, Linda McMahon, are downsizing to the extent that they say is allowed by law that involves

0:39.5

telling half the staff to stop doing their work and much more.

0:44.3

And it has many potential implications for American students at various levels.

0:48.5

We will focus primarily now on the implications for people with student loans with Annie Nova, CNBC personal finance reporter focusing on education,

0:58.8

who's been reporting on this.

1:00.3

Annie, thanks for coming on. Welcome to WNYC.

1:02.7

Thanks for having me.

1:04.0

And listeners, we're inviting your questions about student loan programs as the Federal Department of Education gets dismantled.

1:11.6

212-433, WNYC, or your stories that might help others.

1:17.7

212, 433-9-692, stories or questions for Annie Nova from CNBC, 212, 433-9-6-992, about student loans in the era of shutting down the

1:31.3

education department.

1:32.3

You quote consumer advocates who say this couldn't come at a worse time for student borrowers.

1:38.1

Why is that?

1:39.4

Yeah, exactly.

1:40.4

So to take a step back for a minute, President Joe Biden forgave more student debt than any other president in history.

1:46.0

And yet, believe it or not, outstanding federal education loans still grew while he was in office.

1:52.0

So Americans owe more today on student debt than they did four years ago despite that historic forgiveness.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from WNYC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of WNYC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.