Heaton Fixes the Student Debt Crisis

How to—and how not to—help solve the college debt problem.

Americans are swimming in student loan debt to the tune of about $1.6 trillion dollars. On August 24, President Joe Biden granted forgiveness of up to $20,000 to those who make less than $125,000 per year, although the Supreme Court is currently deciding whether that executive order was unconstitutional. The Congressional Budget Office estimates his plan will cost taxpayers $400 billion.

Andrew Heaton has some concerns.

Written and performed by Andrew Heaton; produced by John Carter, Meredith Bragg, and Austin Bragg

Photo Credits: Bonnie Cash - Pool via CNP / MEGA / RSSIL/Newscom; Cliff Owen - CNP/Newscom; Tom Williams/CQ Roll Call/Newscom; Rod Lamkey - CNP/Newscom