4.7 • 1.8K Ratings
🗓️ 22 April 2025
⏱️ 8 minutes
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John Fawcett breaks down today's top stories, including the Education Department's recent decision to resume student loan payments, impacting millions of borrowers, the corruption case against former Senator Bob Menendez's wife and tensions within the Democratic Party regarding primary challenges.
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0:49.7 | Hello everybody. I'm John Fawcett with this Great America Show Midday Update for Tuesday, |
0:53.7 | April 22nd. |
0:55.5 | American taxpayers no longer going to be forced to service collateral. That's right. |
1:00.6 | Breaking news, the Education Department blowing a massive hole in the Biden's student loan bailout program. |
1:06.4 | Education Secretary Linda McMahon said the Biden administration, quote, misled borrowers when it canceled student loans. |
1:13.8 | Biden, of course, canceling $136 billion in student loans, forcing the average wage earners to pay for other people's student loans. |
1:22.2 | Education Secretary Linda McMahon saying, no more. |
1:25.9 | The American taxpayers are no longer to serve as collateral for |
1:29.7 | irresponsible student loan policies. Department of Education will begin collecting payments on |
1:35.2 | defaulted student loans on May 5th. The new policy will impact an estimated 5 million borrowers |
1:41.6 | who have not made any monthly payments since March of 2020. |
1:46.7 | Federal student loan payments were halted in March of 2020 because of the COVID pandemic. |
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