Episode 1587 • • 2:12:27 - 2:16:59
1587: Comely
Student Loan SAVE Program and De Facto Debt Forgiveness
The new "SAVE" program for student loans is analyzed as a form of "stealth" debt forgiveness. Producers share experiences where their monthly payments were reduced to zero dollars despite high incomes, with interest accrual also being eliminated. The hosts argue the government is using the program to forgive loans without making a formal announcement.