What's Going On With Student Loans?

Death, Sex & Money

Slate Podcasts

Business, Health & Fitness, Society & Culture, Careers, Relationships, Sexuality

4.6 • 7.6K Ratings

🗓️ 10 August 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

We took some of your burning student loan questions to our favorite expert on the topic, Betsy Mayotte, president of The Institute of Student Loan Advisors.

If you have a question that was not answered in this episode, you can contact Betsy by going to her website where you can also find all sorts of helpful resources, like a guide to forgiveness, and where to start when thinking about a repayment plan.

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Transcript

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0:00.0	If your cat wants to join the conversation,
0:04.1	he or she is welcome.
0:06.0	So it's Captain Jack and Alice, the student loan cat.
0:08.8	Right. Is that right?
0:09.5	Right. Captain Jack doesn't have an interest in student debt.
0:12.3	He does not.
0:13.1	This is Deaf Sex and Money.
0:20.6	The show from WNYC about the things we think about a lot,
0:25.1	and need to talk about more.
0:28.0	I'm Anna Seale.
0:30.0	Since the early days of the pandemic in March 2020,
0:41.4	those of you with federal student loans were giving the choice
0:44.8	to pause those payments and not accrue interest.
0:49.0	Now that pause is set to expire at the end of August.
0:53.5	We've been here before, and if you have loans, you know this dance.
0:57.4	The pause has already been extended six times,
1:00.6	sometimes at the last minute.
1:02.3	Will it happen again, or might something else happen?
1:05.0	Like that elusive promise of some sort of loan cancellation?
1:09.0	Maybe. We don't know yet.
1:11.3	We have covered how student debt affects choices
1:13.8	about everything in your life on this show for a long time.
	...

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