126. Matthew Wurstner on the Likely Legal Outcomes of Student Loan Forgiveness

A lot of waves have been made in the past decade regarding
student loans and the sometimes predatory nature of higher
education. It has become a common refrain among Democrats to
support varying degrees of student loan relief and forgiveness,
essentially framed as an economic stimulus and a salve for those
stuck with crippling debt. Republicans generally find this kind
of targeted debt relief to be ridiculous, such as Don Bacon in
September lamenting that reducing the debt incurred by young
people seeking a degree would be a real problem for military
recruitment and retention. 


Eyes now are on President Biden’s promise to forgive up to
$20,000 in federal student loans, which has been challenged in
court by several states–including Nebraska–and will be playing
out over the next several months. Today Matthew Wurstner is back
on the show to give an overview of the student loan program, the
attempted relief, and the likely outcome in court.