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The Waves: Why Women Carry the Bulk of Student Debt

Slate News

Slate Podcasts

News, News Commentary, Politics

4.66K Ratings

🗓️ 3 September 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

On this week’s episode of The Waves, Lizzie O'Leary host of What Next: TBD is joined by Emily Peck co-host of Slate Money to explain the new Student Debt Relief Plan. They delve into the reason women often carry more debt on average and why they stand to benefit the most from even modest relief. Then, Lizzie and Emily unpack debt-relief criticism itself, what Biden’s plan does well, and where it could improve. In Slate Plus, some hard-hitting, in-depth analysis on whether or not laundry-folding is feminist. Recommendations Lizzie: Crime thriller Girl, Forgotten by author Karin Slaughter Emily: She-Hulk: Attorney at Law from Marvel and Disney+ Podcast production by Cheyna Roth with editorial oversight by Shannon Palus, Daisy Rosario and Alicia Montgomery. With production help from Anna Rubanova. Send your comments and recommendations on what to cover to [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Waves Slates Podcast about gender, feminism and student loan forgiveness.

0:20.8

Every episode you get a new pair of women to talk about the thing we can't get off our

0:24.3

minds.

0:25.3

And today you've got me, Lizzie O'Leary, host of WhatNextTVD.

0:29.6

I'm me, Emily Peck, co-host of SlateMoney.

0:33.0

Hello.

0:34.0

Hello, Lizzie.

0:35.0

It's nice to see you.

0:36.0

Yeah.

0:38.0

We are going to dig into Biden's loan forgiveness plan.

0:41.8

But I just want to drop my background, which is I have been really interested in student

0:46.9

debt and debt relief since I started covering it, which was about 2013 or so.

0:53.6

And that reporting really upended a lot of, I think, my assumptions about debt, who has

1:00.7

it, what it looks like, how much there is.

1:02.8

And by that point, I had paid off my grad school loans.

1:05.8

I did not have undergrad loans, thanks to my parents and my grandfather.

1:11.7

And when I started doing, like, the in-depth reporting, I did a big series and I thought

1:16.4

that I would be hearing the, like, I have $200,000 in loans, horror stories.

1:22.0

And instead, you know, the things that were really trapping people were balances of $8,000,

1:31.1

$12,000, $22,000.

1:34.1

They were especially hurting women the most, especially hurting women of color.

1:38.6

And often they were, like, degrees that weren't seen as having a high earnings premium in

...

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