Federal student loan payments have been paused for over three years. Since then, borrowers have got used to the extra room in their budgets for dining, vacations, Beyoncé tickets and more. One listener called in to ask: What happens to the economy when payments start again this fall? We’ll get into it and answer more of your questions on President Joe Biden’s new student debt forgiveness plan and why it’s so hard to have student loans wiped out through bankruptcy.
Here’s everything we talked about today:
Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.
Why the Fed won’t hop on the rate-cutting bandwagon just yet
What summer heat waves mean for prisons
The good, the bad and the ugly of election polling
A shadow looms over the Fed
The long game of high interest rates
The growing troubles at OpenAI
A Trump-Musk bromance
How Big Food changed the way we eat
Biden doubling down on tariffs
How the Palestinian financial system is tied up in Israel
Private equity, endless shrimp and Red Lobster’s decline
Neoliberalism’s sleight of hand
Getting deep about deepfakes
The price tag on friendship
Whaddya wanna know about key inflation measures?
The great Bumble fumble
From “Million Bazillion”: What are labor unions?
The value of “third places”
What grocery aisle gossip can tell us about the economy
The lowdown on joint fundraising committees
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