Biden’s Big Student Debt Announcement: PITOTWIU for the Indebted Masses.
It’s here! It’s finally here! Today we review our predictions for student debt relief and square them with Biden’s proposed plan. There’s a lot to like about the announcement, several unanswered questions and some gaping holes in the plan going forward. Max breaks down the politics, the details and biggest misses of the Biden student debt relief plan and why it’s in danger of being PITOTWIU.
Resources
The Balance: How Much Trump's Tax Cuts Cost the Government
World Population Review: Average Family Income 2022
PBS NewsHour: President Biden announces decision on student debt forgiveness
Committee For a Responsible Federal Budget: New Student Debt Changes Will Cost Half a Trillion Dollars
Penn Wharton Budget Model: The Biden Student Loan Forgiveness Plan: Budgetary Costs and Distributional Impact
Josh Mitchell: The Debt Trap: How Student Loans Became a National Catastrophe
UNFTR Episode Resources
Corporate (Ir)Responsibility (Part I) and (Part II).
--
If you like #UNFTR, please leave us a rating and review on Apple Podcasts: unftr.com/rate and follow us on Facebook, Twitter and Instagram at @UNFTRpod. Visit us online at unftr.com.
Buy yourself some Unf*cking Coffee at shop.unftr.com.
Subscribe to Unf*cking The Republic on Substack at unftr.substack.com to get the essays these episode are framed around sent to your inbox every week.
Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP.
Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations.
Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.
Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is written and hosted by Max and distributed by 99.
Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic."
Support the show: https://www.unftr.com/memberships
See omnystudio.com/listener for privacy information.