Answers to 5 confusing student loan debt cancellation questions

Answers to 5 confusing student loan debt cancellation questions

Author: Lee Enterprises January 12, 2023 Duration: 13:56

Is there any new information about the student loan debt cancellation plan from the President?

Host Teri Barr is finding out by talking with Cecilia Clark, a student loan specialist with NerdWallet.

Clark also answers the five biggest and most confusing questions about student debt cancellation, including if the lawsuits filed against the President's plan are going to the Supreme Court anytime soon, plus two new parts of the plan to consider if you are already thinking about bankruptcy.

Also, the income-driven repayment plan hasn't received a whole lot of attention, but could be important for many borrowers:

More from Cecilia at NerdWallet:

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Ever feel like your financial goals and your desire to explore the world are constantly at odds? PennyWise: Personal Finance & Travel Tips digs into that very tension, offering a practical and surprisingly optimistic look at how to manage your money while still funding your adventures. Hosted by Lee Enterprises, this podcast moves beyond dry financial advice, weaving together conversations about smart investing, everyday budgeting, and the cultural richness that travel brings. Each episode introduces you to a different financial expert with actionable strategies, but the focus remains on real-life application-how a solid investment today can mean a memorable trip tomorrow, or how understanding local economies can deepen your travel experiences. You’ll hear discussions that connect market trends to personal savings plans, and thoughtful segments on how the places we visit shape our perspective on value and community. It’s a blend of street-smart finance and genuine curiosity about the world, designed for anyone who believes building wealth shouldn’t mean staying put. Tune in for a fresh take that makes financial planning feel less like a restriction and more like the key to unlocking meaningful experiences, all within a budget that makes sense for you.
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