Marketplace Logo Donate

Daily business news and economic stories from Marketplace

Debt relief for some student loan borrowers

Heard on:
Secretary of Education Miguel Cardona, right, stands next to White House Press Secretary Jen Psaki while speaking during the daily press briefing at the White House on March 17, 2021.

Secretary of Education Miguel Cardona, right, stands next to White House Press Secretary Jen Psaki while speaking during the daily press briefing at the White House on March 17, 2021. Jim Watson/AFP via Getty Images

get the podcast

Segments From this episode

Fed policymakers agree we're in for a sharp spike in economic growth. But Chair Jerome Powell is still cautious in his messaging.

"What he stressed was that while the economy is growing faster than anybody thought possible this year, there are still chunks that are not functioning at all, particularly leisure and hospitality," Christopher Low, chief economist at FHN Financial, said of Powell. Low said that Powell also stressed very high unemployment rates continue for communities of color. The Fed is taking inequity "quite seriously," Low said, and these rates indicate that the economy is nowhere near full employment.
COVID-19

Despite more savings, American households still have a lot of debt

by David Brancaccio , Chris Farrell , Daniel Shin and Erika Soderstrom Mar 19, 2021
Who's taking on debt for what reasons, and why paying it down is good for your financial and mental health.

Music from the episode

What's Next

Latest Episodes From Our Shows

Listen
5:21 PM PDT
23:18
Listen
3:51 PM PDT
26:47
Listen
1:37 PM PDT
1:50
Listen
7:30 AM PDT
7:33
Listen
Aug 19, 2022
8:03
Listen
Jul 7, 2022
30:13
Listen
Aug 9, 2022
24:46
Exit mobile version