The big announcement that the Biden administration is canceling $10,000 in student loan debt for millions of borrowers—and $20,000 for even more—and extending the pause on payments is the main topic of discussion for the kickoff of dotEDU's fourth season. Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators, helps break down what this means for borrowers, institutions, parents, and the higher ed community as a whole.

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Here are some of the links and references from this week's show:

Introduction:

Biden Administration Issues Final Rule on Protections for 'Dreamers' Roll Call | Aug. 24, 2022

Stopgap Funding Bill Set to Dominate September Agenda Roll Call | Sept. 6, 2022

U.S. News Dropped Columbia's Ranking, but Its Own Methods Are Now Questioned The New York Times (sub. req.) | Sept. 12, 2022

Conversation with Justin Draeger:

National Association of Student Financial Aid Administrators (NASFAA)

FACT SHEET: President Biden Announces Student Loan Relief for Borrowers Who Need It Most The White House | Aug. 24, 2022

Parents and Graduate Students Officially Qualify for Biden's Student-Loan Forgiveness Business Insider | Sept. 1, 2022

'I'm Drowning': Those Hit Hardest By Student Loan Debt Never Finished College NPR | July 18, 2019

The Legal Dilemma on Student Debt Relief Inside Higher Ed | Sept. 6, 2022

A Fresh Start for Federal Student Loan Borrowers in Default (Operation "Fresh Start") Federal Student Aid

Cardona's Vision for Higher Ed Inside Higher Ed | Aug. 12, 2022

Ed to Focus on Student Debt, Institutional Accountability in Coming Year, Cardona Says NASFAA | Jan. 28, 2022