Episode 31: To forgive or not to forgive student debt
In this week's episode, we tackle the decision made by the White House this week on student loan debt forgiveness. You can listen to what we think about debt forgiveness more broadly in Episode 18. But in this episode, we contend with the actual policy itself. Is it progressive? Is it regressive? What about long-term implications? To wrap up, we discuss some of the common reactions from Christians we've seen on social media -- and provide some cautions.
Episode notes:
—Jason Furman's Twitter thread: https://twitter.com/jasonfurman/status/1562830721252614144?s=21&t=S04AYpNG7J87pAS7c997CA
—Matt Bruenig's recent article: https://www.peoplespolicyproject.org/2022/08/26/the-new-income-driven-repayment-system-could-cause-some-big-problems/
—White House Fact Sheet: https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/24/fact-sheet-president-biden-announces-student-loan-relief-for-borrowers-who-need-it-most/
—Article on Goldman Sachs and Bank of America economists' views: https://www.cbsnews.com/amp/news/student-loan-forgiveness-biden-inflation/
—That Sounds Fun podcast interview for Wear We Are: https://www.anniefdowns.com/podcast/that-sounds-fun-network-welcome-wear-we-are/
If you like this podcast or want to support our work, make sure you subscribe and rate our show on your favorite platform. We love Anchor, our new platform, and you can become a direct supporter of this podcast. Even better, head over to reclaiminghope.substack.com where we provide written weekly analysis on faith and politics.
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Music by: King Sis
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