Last week, President Biden unveiled his latest student loan forgiveness proposal while speaking at Madison College. He described a plan that would cancel debt for anyone who began repaying undergraduate loans more than 20 years ago and would cancel accrued interest for some borrowers.

Carole Trone and Benjamin Lee from the Wisconsin Coalition on Student Debt join host Douglas Haynes to talk about the proposed plan and the broader issues around student debt. The coalition is a nonprofit that aims to clarify student debt, college affordability, and loan repayment.

For confidential assistance, the Wisconsin Coalition on Student Debt help line can be reached at 833-589-0750. You can ask questions by email at [email protected]

Additional support for student loan debt can be found at studentaid.gov

Carole Trone is the Interim Executive Director of the Coalition and Executive Director of Fair Opportunity Project, a nationally focused and student-led nonprofit organization with a mission to empower students to access and afford college. Prior to this role, she served as Senior Vice President for Educational Services at the Wisconsin Association of Independent Colleges and Universities. She earned a Ph.D. in Educational Policy Studies at the University of Wisconsin-Madison and has taught and served in various roles there. Carole earned her undergraduate degree from Wesleyan University and is originally from Washington, D.C.

Benjamin Lee is a board member of the Wisconsin Coalition on Student Debt. He is also Associate Counsel at Ascendium Education Group, a nonprofit organization making education and training beyond high school a reality for more people. Benjamin’s focus includes compliance, bankruptcy, incident response, and risk management, and he is a frequent trainer and presenter on student loans. Benjamin received his law degree from the University of Minnesota, where he studied nonprofit, corporate, and consumer law, and took on student loans of his own.

 

Photo by Dylan Gillis on Unsplash

Did you enjoy this story? Your funding makes great, local journalism like this possible. Donate here