President Biden Cancels Some Student Loan Debt for Millions

President Biden Cancels Some Student Loan Debt for Millions

By iHeartPodcasts

Big news for those with student loan debt!  President Biden announced that he will forgive $10,000 in federal student debt and $20,000 for those with Pell grants.  This new action will affect millions and see almost 9 million people get their balances wiped completely.  There are earnings caps and the payment pause on most federal loans has been extended through December 31.  Annie Nova, personal finance reporter at CNBC, joins us for what to know about the debt relief and the pressure from both sides of the aisle, some still don’t think it was enough and others think it could set a bad precedent and increase inflation.

 

Next, Google has an automated tool to detect abusive images of children that is a big help in combating the online spread of these types of photos, but sometimes the system can get it wrong, and the consequences can be serious.  Recently a father took a picture of his naked son to send to the doctor for a diagnosis, but as the photo passed through Google’s servers it was flagged and it all went downhill.  The father became the target of a police investigation and lost access to his account along with a decade’s worth of contacts emails and photos.  Kashmir Hill, technology reporter at the NY Times, joins us for what to know about this case.

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