Biden Announces Plan to Cancel $20,000 in Student Debt for Millions of Borrowers | EWTN News Nightly

About this sermon

President Joe Biden announced a plan this week to cancel upwards of $20,000 in student debt for nearly 30 million borrowers. The Supreme Court struck down the president's first attempt at this last summer, saying the White House overstepped its authority in trying to wipe out the loans. Now, the Secretary of Education is attempting to corral the power to "compromise, waive or release" federal student loans. This story could impact the Catholic Church amid fears that potential seminarians and religious sisters are instead entering the work force. Executive Director of the Laboure Society, a company whose sole mission is to eliminate college debt in order to increase vocations to the Church, John Flanagan, joins to tell us a bit more about the Laboure Society and the work they do. Flanagan shares whether his group lobbies the government in any way to eliminate student debt. He explains how badly the student debt crisis is affecting vocations to the Church and what kinds of hard decisions prospective clergy are facing. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf

Topics

• Money & Stewardship