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The latest stop into student loan cost is going to end

The latest stop into student loan cost is going to end

Transcript

Marc Steiner: Welcome to The fresh Marc Steiner Show here on The Real News. I’m Marc Steiner, and it’s great to have you all with us. Some of us don’t realize that 43 million people in our country, in the United States, collectively hold $1.6 trillion in student debt, student loan debt. And I did say $1.6 trillion. And that reality in the midst of COVID got President Biden to temporarily cancel student debt when he froze repayments. That’s about to expire. And though in the process, it saved 37 million people $195 billion. Now, many want him to http://paydayloansohio.org/cities/delaware extend it to May 1. But others, like the Debt Collective, where our guest today is from, want him with a stroke of a pen to just cancel that and forgive student debt.

There can be a demonstration stored for the April cuatro of the Obligations Collective, that’s good debtor’s commitment. These are typically askin Chairman Biden to make use of his executive capacity to cancel all pupil loans.