Across the country, millions of Americans with unpaid student loans are discovering that years of patience and forgiveness from the U.S. government have officially come to an end.

Stacy Cowley, a business reporter for The Times, explains what is behind the change of heart, sets out its financial consequences for borrowers — and discusses the larger reckoning that it may cause about how Americans pay for higher education.

Guest: Stacy Cowley, a business reporter at The New York Times, with a focus on consumer finance.

Background reading: 

• Millions of student loan borrowers are behind on payments.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

Photo: Seth Wenig/Associated Press

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

Defense Secretary Pete Hegseth had a second Signal chat where he shared detailed military plans with family members, according to sources. The Supreme Court, fearing more deportation flights, issues a late-night order to the Trump administration. And diplomats try to build a new Iran nuclear deal.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Many worry that the clean energy transition will be derailed by the Trump administration. But there's reason to believe otherwise.

Listen to Explain It to Me ad-free by becoming a Vox Member: vox.com/members.

Call in your question at 1-800-618-8545.

This episode was produced by Avishay Artsy, edited by Miranda Kennedy, fact checked by Melissa Hirsch and engineered by Matthew Billy. Photo of wind turbines in a storm in western Iowa by Jim West/UCG/Universal Images Group via Getty Images. 

Learn more about your ad choices. Visit podcastchoices.com/adchoices

One day at Wrigley Field in Chicago last May, Paul Skenes was pitching for the Pittsburgh Pirates, carving out a small piece of baseball history in his second big-league game. He struck out the first seven batters he faced. By the end of the fifth inning, he had increased his strikeout total to 10. More impressive, he hadn’t allowed a hit.

Over the past two decades, analysts have identified a treasure trove of competitive advantages for teams willing to question baseball’s established practices.

Perhaps the most significant of competitive advantages was hidden in plain sight, at the center of the diamond. Starting pitchers were traditionally taught to conserve strength so they could last deep into games. Throwing 300 innings in a season was once commonplace; in 1969 alone, nine pitchers did it. But at some definable point in each game, the data came to reveal, a relief pitcher becomes a more effective option than the starter, even if that starter is Sandy Koufax or Tom Seaver — or Paul Skenes.

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

The self-deprecating stand-up comic discusses having a magician for a father, the challenge of mainstream comedy and his aspirations to build the next Disneyland.

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

There is a very distinct “look” many people in the MAGA world have adopted, and comedian Suzanne Lambert is making a career calling it out. Mother Jones senior editor Inae Oh says it’s bigger than bronzer.

This episode was produced by Gabrielle Berbey, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Sean Rameswaram.

Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. Transcript at vox.com/today-explained-podcast.

Homeland Security Secretary Kristi Noem at the White House. Photo by Ken Cedeno/UPI/Bloomberg via Getty Images.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

President Trump’s tariffs have terrified stock markets, business owners and anyone with a 401(k). Does that mean that his approach to trade is becoming a major political liability?

Astead W. Herndon, a national politics reporter, asked voters in Michigan what they thought. He found that the answer to that question was not so simple.

Guest: Astead W. Herndon, a national politics reporter and host of the politics podcast “The Run-Up.”

Background reading: 

• Video: Mr. Trump loves tariffs. Do all Americans?
• Here’s what six voters think of the administration’s latest actions.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

Photo: Haiyun Jiang for The New York Times

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

A shooting at Florida State University results in two deaths and several injuries. President Trump lays the groundwork for firing Fed Chair Jerome Powell. And a federal judge rules that some of Google’s ad practices violate antitrust laws. 

Did you hear? Brad's hosting a new show for the true crime-obsessed called "The Crime Scene Weekly." Each week, "The Crime Scene" focuses on what everybody's talking about in true crime -- from what your favorite podcasts are covering, to what's taking over our TikTok feeds. Follow the show on Apple Podcasts, Spotify, Amazon Music, or wherever you listen.

Learn more about your ad choices. Visit podcastchoices.com/adchoices