#1513 The Morality of Debt and Forgiveness (Throwback)

Original Air Date: 9–14-2022

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Today, we take a look at the history and hysteria behind debt and debt forgiveness while Biden is canceling student debt and opponents of the idea are reacting in the most predictable way possible because they misunderstand the relationship between debt and morality.

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Ch. 1: Cancel It All: Debt Collective's Astra Taylor on Biden Plan & Need for Full Student Debt Relief - Democracy Now! - Air Date 8-25-22

We speak to Astra Taylor, writer, filmmaker, and co-director of the Debt Collective, a union for debtors and one of the original advocates for a debt jubilee that would cancel all student debt.

Ch. 2: Freedom Dreams: Black Women and the Student Debt Crisis - The Intercept - Air Date 8-22-22

The Intercept’s new documentary, “Freedom Dreams: Black Women and the Student Debt Crisis,” profiles Black women educators and activists struggling under the weight of tens of thousands, or even hundreds of thousands, in student loan debt.

Ch. 3: Hidden History of Student Debt - Thom Hartmann Program - Air Date 8-25-22

Many woke up to find news that $10k of their student debt would be forgiven, Thom Hartmann and Jefferson Smith break down what this means and what happens next.

Ch. 4: Bidens Big Student Debt Announcement: PITOTWIU for the Indebted Masses - Unf*cking The Republic - Air Date 8-28-22

Max breaks down the politics, the details, and biggest misses of the Biden student debt relief plan and why it’s in danger of being PITOTWIU

Ch. 5: Republican Veteran Concerned By Negative Military Recruitment Amidst Student Loan Forgiveness - The Majority Report - Air Date 8-29-22

Florida Representative Michael Waltz believes the military recruiting crisis will worsen with President Biden’s student loan forgiveness. He also believes it is unfair to those who have not incurred debt.

Ch. 6: Forgiving (and Unforgiving) Debts - Now & Then - Air Date 9-6-22

Heather and Joanne discuss the history of debtors’ prisons in early America, the rise of bankruptcy laws after the Civil War, and the Cold War origins of federal student loans.


Ch. 9: Bidens Big Student Debt Announcement: PITOTWIU for the Indebted Masses Part 2 - Unf*cking The Republic - Air Date 8-28-22

Ch. 10: Forgiving (and Unforgiving) Debts Part 2 - Now & Then - Air Date 9-6-22


Ch. 11: Final comments on morality and money

MUSIC (Blue Dot Sessions)


Description: A dark gray, 3D image of the word "DEBT" sits in a white void, a connected chain and open shackle with an open padlock lie in front of it.

Credit: "3D Shackled Debt" by Chris Potter, Flickr | License: CC by 2.0 | Changes: Enlarged with more white background



Produced by Jay! Tomlinson

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