meta_pixel
Tapesearch Logo
Log in
The Brian Lehrer Show

What’s in Biden’s New Student Loan Forgiveness Plan?

The Brian Lehrer Show

WNYC

Politics, News, News Commentary, Wnyc, Radio, Npr, Arts, New, Lerer, Media, Bryan, Nyc, Daily News, York, Public

4.61.5K Ratings

🗓️ 10 April 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

The White House says that President Biden’s new student loan forgiveness plan could help 30 million borrowers. Danielle Douglas-Gabriel, national higher education reporter at the Washington Post, shares her reporting and unpacks the details.

Transcript

Click on a timestamp to play from that location

0:00.0

running Larer on WNC on WNC by way, one tiny addendum to the last conversation we were having

0:15.7

with Liz Kim and the mayor riding the subway's listener texts.

0:18.8

I would prefer to see all the upper management of the MTA riding the subway on a daily basis.

0:24.6

So we hear you and that's another show.

0:27.2

On Monday, presidential Biden announced a new student loan forgiveness program that he says could benefit 30 million

0:35.0

borrowers relief may be on the way for people in a number of categories so

0:40.0

listen up if you think this might apply to you or someone you know.

0:42.8

If you owe more money than the amount of your initial loan because of unpaid interest,

0:49.6

you could have up to $20,000 automatically forgiven.

0:54.1

If you've been paying your student loans back

0:56.2

for 20 years or more, and you know

0:59.3

we've had callers who say 20 years or more,

1:02.2

it's shocking to people who have not been in that position,

1:05.2

you could have some or all of that money cancelled.

1:09.2

You'd be forgiven for having ripplash from 2023 when the Supreme Court struck down the

1:13.9

Biden administration's last attempt at a student debt overhaul but this plan has a

1:18.8

few key differences that the mayor hope that the mayor the president hopes will stand up in court so will impact the

1:26.7

details of the plan some of the ways the Biden administration hopes to insulate

1:31.0

it from the sort of legal attacks that the last one faced.

1:34.8

Joining us now is Danielle Douglas Gabriel National Higher Education reporter

1:40.1

at the Washington Post.

1:42.0

Hey Danielle, welcome back to WNYC.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from WNYC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of WNYC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.