OTC Inside the Beltway: Sorting Through Biden's Decision on Student Loan Debt Cancellation
This week on a special episode of "Off the Cuff," Justin is joined by Karen, Rachel, Megan, and Hugh to work through President Joe Biden’s announcement that he is canceling $10,000 in student loan debt for millions of borrowers and extending the pause on payments and interest accrual for federally-held student loans until Dec. 31, 2022. The team goes through the mechanics of the executive action, lays out some public opinion polls, sorts through the initial reactions, and asks a number of implementation questions that are beginning to surface. The team also provides listeners with a number of resources, and details what they will be looking for in terms of pending guidance from the administration.
Speakers
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| Justin Draeger President and CEO, NASFAA |
Karen McCarthy Vice President, NASFAA |
Rachel Gentry Director of Government Relations, NASFAA |
Megan Walter Policy Analyst, NASFAA |
Hugh Ferguson Senior Reporter / Podcast Producer |
Resources
- Listen on Apple Podcasts or Spotify
- Episode Transcript (PDF)
- Answering the $10,000 Question: Biden Takes Executive Action on Student Loan Cancellation, Extends Repayment Pause
- AskRegs Knowledgebase Answers: What Should the School Do When It Receives a Fresh Start Letter For a Student? (for NASFAA members)
- AskRegs Knowledgebase Answers: Where Can I Find Additional Information About the $10,000 Student Loan Debt Forgiveness/Cancellation? (for NASFAA members)
- Biden’s 8/24 Full Remarks: Announcing Decision on Student Loan Debt Cancellation
- FSA: The Biden-Harris Administration's Student Debt Relief Plan Explained
- Goldman Sachs Has Run the Numbers on Student-Loan Forgiveness. This Is Its Assessment.
Send your thoughts, questions, and comments. We'd love to hear what you think.
Publication Date: 8/26/2022