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Is The Student Loan Safety Net Unraveling?

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Manage episode 517748261 series 2489871
Content provided by KQED. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KQED or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

More than 350,000 Californians are now behind on their student loan payments – the highest delinquency rate for any type of debt in over two decades, according to the California Policy Lab. Experts say the missed payments are a symptom of a financial safety net that was already broken before the COVID-19 pandemic disrupted loan payments and is now further unraveling as borrowers face higher bills, fewer repayment options, inconsistent eligibility for loan forgiveness, and a very confusing system. We talk to a researcher tracking student debt, an advocate fighting on behalf of borrowers in court, and a former government official who has seen the system from the inside. Do you have a student loan? Tell us what you’ve been experiencing.

Guests:

Evan White, executive director, California Policy Lab, University of California-Berkeley

Julie Margetta Morgan, president, The Century Foundation, independent think tank that researches public policy - Morgan served as the associate director of research, monitoring, and regulations at the Consumer Financial Protection Bureau (CFPB)

Mike Pierce, executive director and co-founder, Protect Borrowers

Learn more about your ad choices. Visit megaphone.fm/adchoices

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3130 episodes

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Is The Student Loan Safety Net Unraveling?

KQED's Forum

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Manage episode 517748261 series 2489871
Content provided by KQED. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by KQED or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

More than 350,000 Californians are now behind on their student loan payments – the highest delinquency rate for any type of debt in over two decades, according to the California Policy Lab. Experts say the missed payments are a symptom of a financial safety net that was already broken before the COVID-19 pandemic disrupted loan payments and is now further unraveling as borrowers face higher bills, fewer repayment options, inconsistent eligibility for loan forgiveness, and a very confusing system. We talk to a researcher tracking student debt, an advocate fighting on behalf of borrowers in court, and a former government official who has seen the system from the inside. Do you have a student loan? Tell us what you’ve been experiencing.

Guests:

Evan White, executive director, California Policy Lab, University of California-Berkeley

Julie Margetta Morgan, president, The Century Foundation, independent think tank that researches public policy - Morgan served as the associate director of research, monitoring, and regulations at the Consumer Financial Protection Bureau (CFPB)

Mike Pierce, executive director and co-founder, Protect Borrowers

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3130 episodes

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