The Check-In: Student Debt | KBIA

The Check-In: Student Debt

Mar 19, 2021

It’s time to check your checking accounts - you might have been among the first Americans to receive their cut of the 1.9 trillion dollar COVID-19 relief package. Many of us will use this money for necessities - food, rent, gas - all essentials we’ve been worried about paying for over the last year. But what about your student loan payments?

Senate Democrats say a provision in this relief package - one that makes student loan forgiveness tax-free through 2025 - will pave the way for the Biden administration to approve a federal student loan forgiveness plan.

1 in 5 Americans has student debt. Over the past 20 years, in-state tuition and fees at public universities has grown 212%.

Business and Economics professor Marty Steffens and Missouri National Education Association representative Mark Jones spoke with Janet Saidi and our listeners about student debt and its future in the United States, as well as solutions and tips for successfully managing student debt or avoiding it altogether.

Are you struggling with student debt? Do you have loans for a degree you didn't finish? Have you completely paid off your student debt? Let us know by tweeting us @CheckIn_KBIA or by leaving a voicemail at  833-560-1329.

Be sure to stick around to the end of the episode, as we follow up with Mark Jones of the Missouri National Education Association  for a podcast exclusive as he gives advice for those struggling with their stduent loan debt.