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Podcast: The Daily
Episode: The Complicated Future of Student Loans
Description: Last week, the Supreme Court struck down President Biden’s sweeping plan to cancel billions of dollars in student loan debt.Stacy Cowley, a finance reporter for The New York Times, explains what the decision means for borrowers now facing their first payments since a coronavirus pandemic-related pause and how an alternative plan could still ease their burden.Guest: Stacy Cowley, a finance correspondent for The New York Times.Background reading: The proposed debt cancellation of more than $400 billion would have been one of the most expensive executive actions in U.S. his...