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Sunday, October 1st, 2023

Some 40 Million Americans Will Resume Student Debt Payments Next Month

Author:     Amy Goodman
Source:     truthout / Democracy Now
Publication Date:     September 12, 2023
 Link: Some 40 Million Americans Will Resume Student Debt Payments Next Month
Stephan:  

We got 45 days of grace before the government shutdown starts up again. Hopefully, at least five Republicans will see this whole pissing contest is completely contrived and harmful and join the almost total Democrat majority in both the House and Senate in creating a functioning government. This entire business is the result of the dysfunction and sheer nastiness of the MAGAt community and their god-king Criminal Trump. The next sequence is going to be about continuing to support Ukraine. It is very important that we do so. Please write or call your Representative and Senators and tell them you support adequate funding for Ukraine.

But what we did not get was ending the crippling crisis of student loan debt. As a result some 40 million Americans will have to resume making payments on student loan debt. This article explains what this means well.

Author Astra Taylor

As the COVID-19 era pause on federal student debt payments comes to an end and some 40 million Americans will resume payments next month, we speak with Debt Collective organizer Astra Taylor about Biden’s new Saving on a Valuable Education, or SAVE, plan and her organization’s new tool that helps people apply to the Department of Education to cancel the borrower’s debt. Taylor also discusses her new book, The Age of Insecurity: Coming Together as Things Fall Apart, in which she writes, “How we understand and respond to insecurity is one of the most urgent questions of our moment, for nothing less than the future security of our species hangs in the balance.” She notes organizing is about “the alchemy of turning our vulnerabilities, turning our oppression, turning our insecurities into solidarity so that we can change the structures that are undermining our self-esteem and well-being.”

TRANSCRIPT

This is a rush transcript. Copy may not be in its final form.

AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. I’m Amy Goodman.

The COVID-19 student loan forbearance ended […]

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