May 14, 2022
Welcome to episode 121 of Activist #MMT. Today's the second half of student debt horror story number two, with Sean McCoy. In part one, Sean described his background, his journey to decide on a university, the basics of his loans, and his experience and difficulties paying them off. Sean left school with nearly $150,000 in student debt. Now it's five years later and he's paid more than required each month, which has reduced it to around $120,000. At this rate, he will have fully paid off his loans around the year 2042. That's not a joke.
(A list of the audio chapters in this episode can be found at the bottom of this post.)
Today, we continue that discussion, and especially focus on Sean's responses to some of the terrible arguments against canceling student debt. These arguments are largely based on the false notion that "our individual tax dollars" are required to pay for the education – and debt – of others.
To learn more about Sean and his work, you can visit his website at seancmccoy.com.
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And now, let's get right back to my conversation with Sean McCoy. Enjoy.