April 23, 2025
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16:27Now PlayingIn this video, we will discuss the Trump administration announcing that it will resume debt collections for federal student loan borrowers who have defaulted on their debt. Several people are saying that this cruel, and hurting "marginalized" communities, or people who are already suffering from a "recession" and a "terrible" economy. In fact many people are doing extraordinarily well in this nation and there is no ground to complain. 42 million borrowers owe more than $1.6 trillion in student debt, so not paying back these loans will contribute to an economic slowdown, not the other way around.
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