Excited to present our film LOAN WOLVES on @msnbc TONIGHT at 10pm et/7pt & streaming on @peacock tomorrow!
We reveal secrets about the student loan crisis & how DC & our democracy really work that’ll shock you. Plus I learn the difference between a whip & a flogger. #LoanWolves
We also talk ’90s politics with @SteveKornacki and learn what politicians back then were thinking when stunning changes were quietly made to student loans. And Steve comes clean about how he really feels about that election night big board. #LoanWolves
And @Braxtonbrew96 and @flatwhistle from @StrikeDebt talk about their goal to cancel student debt -- and explain how even *that* wouldn't actually fix this broken lending system.
BTW, if you try to tell them this lending system works, this is how they would react: #LoanWolves
Most student debt cannot be discharged in bankruptcy, so I figured that those who CAN use bankruptcy must be more deserving. So I asked “Real Housewife of New York” Sonja Morgan about *her* experience. (OK, most of this scene got cut, but you do see me in my kimono). #LoanWolves
While some imagine rich young white men when hearing about student debt, @AyannaPressley reveals what she sees in her district:
*seniors on fixed incomes still paying student loans
*women disproportionately impacted
*black student borrowers 5x more likely to default
#LoanWolves
We go deep into the vault to dig up some of @arimelber’s vintage hip-hop takes -- and get his expertise on whether the current student loan system even passes legal muster. It was breakfast time when we were eating these dogs, but sometimes you gotta suffer for art. #LoanWolves
Is Fox News right when it repeatedly says that taxpayers would have to pay for it, if student debt gets canceled? Prominent economist @darrickhamilton explains how it really works, even as he finds me ridiculous & buffoonish, and questions why he agreed to do this. #LoanWolves
To find out how severely the bankruptcy law discriminates against people with student debt, I made this kindly bankruptcy lawyer participate in the world’s lamest game-show ever. #LoanWolves
A common objection to student debt relief from old politicians is: "I paid my way through college!"
Prof. @Dr_CMGreer's response: "Yeah, college was $2000 a yr. Now? It's set in that $50-65,000 range & you haven't bought a book yet!"
(Some schools are now 85K, btw) #LoanWolves
To fix the law barring bankruptcy for student loans, @dickdurbin has a bipartisan bill. So why hasn’t it gone anywhere, I ask him & @chuckschumer. Durbin replies he’ll do “everything legitimately possible to move it thru the senate this year.” There are 3 weeks left. #LoanWolves
There’s a lot more in #LoanWolves, including a Whodunit where we track down who was behind the 2-line provision in 1998 making student loans virtually impossible to discharge in bankruptcy. We confront the surprising culprit & he calls me a "damn fool."
Tune in tonight on MSNBC!
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.