Dr. Michael C. Grayson on federal student loan debt | The Midday Break Room w/ Roxi Fab - 7.9.26

Dr. Michael C. Grayson is a nationally recognized credit expert, financial educator, author, and consumer advocate who has spent more than 25 years helping individuals improve their financial standing, eliminate debt, and understand the credit system. He currently holds all three credit industry records, including the highest recorded credit score. He is the founder of the Credit and Debt Management Institute (CDMI) and creator of educational programs focused on financial literacy and consumer empowerment. The U.S. Departments of Education and Treasury recently announced an agreement transferring management of defaulted federal student loans to the Treasury Department. For borrowers who have fallen behind, this represents a major escalation in collection authority and enforcement. Dr. Grayson will join the show to further discuss the issues that could arise with federal student loans now being managed by the US Treasury Dept.