The federal government will forgive federal student loan debt – up to $20,000 for Pell Grant recipients, and up to $10,000 for others who qualify. We discuss what that means for borrowers, for the economy and how lawmakers are reacting to the president's announcement.This episode: political reporter Deepa Shivaram, education reporter Sequoia Carrillo, and chief economics correspondent Scott Horsley.Learn more about upcoming live shows of The NPR Politics Podcast at nprpresents.org.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at [email protected] the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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“What did the council decide on item 42?” — answered with the speaker and the moment.