Episode
62 Lawmakers Demand Education Department Act on Student Loan Default Crisis
- Published
- Jun 15, 2026
- Duration seconds
- 379
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/the-college-investor-audio-show-414113/episodes/62-lawmakers-demand-education-department-act-on-student-loan-default-crisis/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/the-college-investor-audio-show-414113/62-lawmakers-demand-education-department-act-on-student-loan-default-crisis.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Sixty-two members of Congress are demanding the Department of Education act before millions more borrowers fall into default and they want answers by June 22. A June 7 letter (PDF File) led by Senators Elizabeth Warren (D-Mass.) and Jeff Merkley (D-Ore.), along with Representatives Ayanna Pressley (D-Mass.) and André Carson (D-Ind.), warns Education Secretary Linda McMahon that the U.S. is facing " the largest student loan default and delinquency crisis on record. " This comes as the entire student loan system is changing on July 1 - from new repayment plans, loan caps, and borrowers in the SAVE plan being forced to leave forbearance .