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What Next | Daily News and Analysis

What Happens To My Student Loans Now?

What Next | Daily News and Analysis

Slate

News, Daily News, News Commentary, Politics

4.6 • 2.3K Ratings

🗓️ 26 March 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Trump’s attempted elimination of the Department of Education has left more than 40 million Americans with student loans wondering how their repayment plans will be affected—and future college students wondering what options will exist when it’s time to go to school.  Guest: Danielle Douglas-Gabriel, higher education reporter at the Washington Post. Want more What Next? Join Slate Plus to unlock full, ad-free access to What Next and all your  other favorite Slate podcasts. You can subscribe directly from the What Next show page on Apple Podcasts and Spotify. Or, visit slate.com/whatnextplus to get access wherever you listen. Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Ethan Oberman, and Rob Gunther. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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1:01.2

I want to tell you the story of what happened last week as President Trump was issuing his long-awaited executive order to dismantle the

1:13.5

Department of Education. But before I do that, I need to tell you more about what the Department

1:19.8

of Education does. Because yes, it provides money to local school districts. It spends billions of

1:26.7

dollars on special education.

1:28.9

But more than anything else, the Department of Education operates a little like a bank.

1:35.8

A huge function of the Department of Education is running federal financial aid, right?

1:42.5

Danielle Douglas Gabriel is a higher education reporter at the Washington Post.

...

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