It’s Labor Day … and crunch time ahead of the November midterm elections

Sep 5, 2022

It’s Labor Day … and crunch time ahead of the November midterm elections

Stefani Reynolds/AFP via Getty Images

President Biden kicks off the fall campaign season today. While student loan forgiveness will take up much of the discussion, there are also other changes coming, especially when it comes to unpaid interest. We check with the BBC's Victoria Craig regarding the announcement of Liz Truss as Britain's next prime minister. The team at Million Bazillion gets a much younger perspective on the wonders of inflation.

Segments From this episode

Interest can add a lot of debt to student loans. Here's how the Biden plan could help.

by Samantha Fields

Sep 5, 2022

The government would cover unpaid interest for borrowers who are on income-based repayment plans and continue to make monthly payments.

Because of the high interest rates on student loans, the amount owed continues to grow for many borrowers in income-driven repayment plans.

Stefani Reynolds/AFP via Getty Images

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The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Redmond Carolipio Digital Producer

Ariana Rosas Producer

Jarrett Dang Digital Producer (gone fishing)

Jesson Duller Media Producer

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