Thursday, August 25, 2022
The Morning Show Podcast
Carla Marie and Anthony
4.9 • 608 Ratings
🗓️ 25 August 2022
⏱️ 19 minutes
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Summary
Transcript
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| 0:00.0 | Welcome to Thursday's Morning Show podcast, because you deserve a better morning. |
| 0:05.2 | A huge win in court for Vanessa Bryant and her family as the world celebrated Kobe Bryant Day. |
| 0:10.6 | And I've got an update on yesterday's student loan forgiveness announcement. |
| 0:15.5 | Plus, if you have an IUD, I've got good news. |
| 0:18.4 | Welcome to the morning show podcast. |
| 0:20.1 | My name is Anthony. |
| 0:21.0 | I'm Carla Marie. And today is Thursday, August 25th, 2022. |
| 0:26.0 | The Core 4. The four headlines you need to know. |
| 0:30.6 | President Biden made an official announcement on student loan forgiveness yesterday. |
| 0:35.5 | It's a lot to take in, so let me explain. If you have federal |
| 0:39.4 | student loans and you make under $125,000 per year, then $10,000 of your loans will be forgiven. |
| 0:47.1 | And if you received a Pell grant as financial aid when you went to college, then up to $20,000 of your |
| 0:53.4 | federal student loans will be forgiven. Of course, if you up to $20,000 of your federal student loans will be forgiven. |
| 0:55.6 | Of course, if you make under $125,000 per year. |
| 0:59.9 | And if you're married, you both must make under $250,000 per year combined in order to qualify. |
| 1:06.9 | If you're currently a student with loans dependent on your parents, this is all going to be based |
| 1:12.2 | off of their income. That's not all. The Department of Education proposed a new income-driven |
| 1:18.1 | repayment plan where borrowers would pay 5% of their monthly income. The Department of Education |
| 1:24.6 | is also setting up an application process for borrowers that will be |
| 1:28.7 | available before the end of the year. |
| 1:30.6 | So there's nothing you have to do right now until this application process becomes available. |
| 1:35.5 | Now, there's nothing for you to do right now. |
... |
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