4.4 • 1.4K Ratings
🗓️ 7 June 2023
⏱️ 11 minutes
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0:00.0 | I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. |
0:07.0 | It's time for some money we have. |
0:15.3 | It's officially summer, but what's the vibe this year? |
0:18.1 | I mean, I personally want to drink spicy margues by the pool and talk about just about |
0:22.4 | anything other than the debt ceiling. |
0:24.4 | So I guess at least it's not a hot government default summer. |
0:28.0 | That's good. |
0:29.0 | But what can we expect seriously from the next quarter? |
0:32.5 | In this weekly headline roundup, we're going to talk about three stories that may end up |
0:36.5 | defining the summer, financially speaking. |
0:39.7 | Let's start with student loan repayments, or I know what you owed last summer. |
0:44.4 | Alright, actually, Miyako, but we do need to quickly talk about the debt ceiling to give |
0:48.3 | some context on this one. |
0:50.0 | The new debt ceiling deal officially ended the pause on student loan repayment. |
0:54.1 | We'll need to resume 60 days after June 30th, which I don't know why the government |
0:59.5 | does it this way. |
1:00.5 | It's like, what the heck date is that? |
1:02.3 | Carry the one. |
1:03.5 | That is the week of August 28th. |
1:06.5 | This is about when the Biden administration was planning on ending it officially anyway. |
1:11.0 | So now it has been made officially official. |
1:15.2 | So if you were someone whose loans were on pause, what does this mean for you? |
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