Across the United States, 45 million borrowers now owe $1.6 trillion in debt for federal loans taken out for college — more than consumers owe on any other debt except mortgages.For the past two years, beginning as the pandemic spread, the U.S. government has allowed tens of millions of Americans to stop paying back their students loans.This experiment in debt deferral has had unintended consequences, and poses a dilemma for President Biden.Guest: Stacy Cowley, a finance reporter for The New York Times.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: The Biden administration has paused student loans once again. The four-month delay means the pause will become an issue again before the midterm elections.While politically popular with Mr. Biden’s party, the extension of the loan moratorium has drawn criticism for adding a small measure of oomph to the inflation the government is trying to tame.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Folge vom 18.04.2022Biden’s Student Loan Dilemma
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Folge vom 17.04.2022The Sunday Read: ‘The War for the Rainforest’The Indigenous Brazilian territory of Ituna-Itatá was established in 2011 for the protection of an isolated group that has never been contacted by outsiders or fully confirmed to exist. But despite its special status, it has become one of the most invaded Indigenous territories in Brazil since the election of the pro-development, anti-regulatory president, Jair Bolsonaro, in 2018 — becoming something of a poster board for the Amazon’s eventual demise.William Langewiesche explores the process of defending these preserves from outside harm, and uses Ituna-Itatá, which has now been heavily deforested, as a grim illustration of the intractable forces destroying the Amazon through logging, ranching and mining.This story was written by William Langewiesche and recorded by Audm. To hear more audio stories from publications like The New York Times, download Audm for iPhone or Android. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Folge vom 15.04.202227 Years in Solitary ConfinementIn the 1990s, Dennis Wayne Hope committed a series of armed robberies. After proving adept at escaping prison, he was put in isolation. He has been there for nearly three decades.His case, if the Supreme Court agrees to hear it, could answer the fundamental question of how long people can be held in solitary confinement.Guest: Adam Liptak, a reporter covering the Supreme Court for The New York Times.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: Mr. Hope has spent more than half his life in solitary confinement, in a cell that is nine feet long and six feet wide — smaller than a compact parking space.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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Folge vom 14.04.2022Twitter’s Elon Musk ProblemElon Musk’s recent investment in Twitter has turned a high-profile and frequent user of the platform into the company’s largest stakeholder.At first, the involvement of Mr. Musk, the C.E.O. of Tesla, was seen by the social media giant as a chance to gain a powerful ally. Instead, Twitter’s fate has suddenly become much harder to predict.Guest: Mike Isaac, a technology correspondent for The New York Times.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: Twitter has survived founder infighting, boardroom revolts and outside shareholder ire, but Mr. Musk is an activist investor unlike any other.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.