E2075: Student Loan Payments Back: $1.6T Debt Crisis Resumes May 5!!

The federal government will resume collections on defaulted student loans starting May 5, ending a pause since 2020. Over 5M borrowers haven’t made payments in 360+ days, with $1.6T in total student debt. Education Sec. McMahon criticizes past policies, citing taxpayer burden. Hosted on Acast. See acast.com/privacy for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.Discover other shows on the Talk Red Podcast Network, and get your daily fix of news, sports, and entertainment at https://TalkRed.com.DISCLAIMER: Some elements of this podcast may include AI-generated content, such as cover thumbnail images, show descriptions and some background audio. Hosted on Acast. See acast.com/privacy for more information.