Lab 007 - Show Me the Money!
Presidential hopeful, Elizabeth Warren, just told us about an aspect of her presidential platform and it made the internet go WILD. She proposed student loan forgiveness of $50k for folks that make up to $100k. AND she is also saying that folks who earn up to $250k can also receive some form of student loan debt forgiveness.
So in this lab we wanted to know more about who this would affect, the history of student loans, and how we even got into this student loan debt crisis in the first place.
Our guest expert for this episode is Colleen Campbell, the Director for post-secondary education at the Center for American Progress Action Fund. In this position she does student debt research and advocacy. You can find more about Colleen’s work here.
Links and More
This is an in-depth breakdown of the demographics of those carrying student loans
Are you curious about how much money a student can borrow from the government in a year? Check this out.
The US census helps us understand the education level of all Americans
The College Board overview of student loans (where they are coming from, trends over time, etc):
Want more information on Elizabeth Warren’s proposal? Colleen says this article from The Brookings Institution is the most reliable breakdown of the facts
Earlier in the week, Uno (yes...a card game has an official Twitter account) revealed you CANNOT stack a Draw 4 card on top of a Draw 2 card, and we are NOT happy about it. SIT DOWN UNO, YOU’RE DRUNK!!! You will have to draw 6 at our house.
On May 18th we had an Instagram Live session with Colleen Campbell. She dropped amazing gems and links we think are great resources. Check them out below!
Colleen’s Work to Protect Student Loan Borrowers
Scroll down for the cheat sheet!
Listen to the full episode
Use the player below to listen to Lab 007 - Show Me the Money in its entirety!
Remember to follow us on Instagram to find out when we’re hosting a live Q&A with Colleen.