Speaker 1: Good morning, peep Sena. Welcome to Okay f Daily with
Speaker 1: Meet your Girl Danielle Moody recording from the Homebunker. Folks,
Speaker 1: the student loan debt crisis isn't like COVID. It isn't
Speaker 1: something that was unheard of, came out of nowhere. We
Speaker 1: have no idea how it happened. It's a man made crisis.
Speaker 1: It was a crisis that was made by very greedy
Speaker 1: politicians and cahoots with the banks and essentially loan sharks
Speaker 1: to sucker people into believing that they could have access
Speaker 1: to the American dream. All they needed was to go
Speaker 1: to college. Because that's what we were all told, right
Speaker 1: that if you wanted better opportunity and more opportunity and
Speaker 1: a lucrative job, then you needed to get a four
Speaker 1: year degree and then after that potentially get another two
Speaker 1: or three year degree to up your chances at living
Speaker 1: the American dream. Well, Low and behold. As decades have passed,
Speaker 1: college the cost of college went from being a couple
Speaker 1: of hundred dollars a year or a couple of thousand
Speaker 1: dollars a year two in some places, fifty sixty eighty
Speaker 1: thousand dollars a year we tell people that the better
Speaker 1: the institution that you get into, the better the opportunities accept.
Speaker 1: The better the institution, the higher the cost. Forty five
Speaker 1: million people in this country are drowning under student loan
Speaker 1: debt that is in the trillions of dollars. Now, when
Speaker 1: we say things like trillions, it's hard for us to
Speaker 1: readily wrap our minds around it, because, I mean, frankly,
Speaker 1: once we get past hundreds of millions, or even into
Speaker 1: the billions, most of our eyes glaze over because that's
Speaker 1: money we'll never know, we'll never see, we'll never be
Speaker 1: able to comprehend. There are people who wanted to become teachers, veterinarians,
Speaker 1: lawyers who are struggling under six figures worth of debt.
Speaker 1: There are older people. We think about this crisis as
Speaker 1: something that plagues the young. Well it doesn't just plague
Speaker 1: the young. Because you graduate from school roughly at twenty
Speaker 1: twenty one years old, you get into your first job,
Speaker 1: and immediately you're hit with that letter that says you
Speaker 1: need to start paying back your student loans. Well, if
Speaker 1: you get the bill, and the bill is one hundred
Speaker 1: thousand dollars and you're twenty one, chances of you being
Speaker 1: able to pay more than a couple hundred dollars out
Speaker 1: of your paycheck, after you pay rent, after you pay
Speaker 1: a car note, after you pay your cell phone bill,
Speaker 1: after you pay for transit to get to the job
Speaker 1: that is helping you pay these things, you only have
Speaker 1: a little bit that is left over. Well, Blake zeph
Speaker 1: an investigative reporter, after dealing with his wife's own six
Speaker 1: figure worth of debt and the struggle that she was
Speaker 1: going through to pay that off after wanting to procure
Speaker 1: a psychology degree, decided to get to the root of
Speaker 1: the route. Took to the road travel cross country in
Speaker 1: his new documentary Loan Wolves to talk with Americans of
Speaker 1: all persuasions, of all political backgrounds about their crushing student
Speaker 1: loan debt and the lie that they have been sold
Speaker 1: that they will have access to the American dream if
Speaker 1: only they're willing to, you know, work hard. You'll see
Speaker 1: some familiar faces in Blake's documentary. Our friend, doctor Christina Greer,
Speaker 1: who is a professor at Fordham University, will talk about
Speaker 1: the fact that young people who she talks to on
Speaker 1: a regular basis say, well, their dreams are already dashed.
Speaker 1: These are young people that haven't even left undergraduate yet,
Speaker 1: who believe that their dreams of going into a profession
Speaker 1: that was going to be their passion, their drive no
Speaker 1: longer makes sense, not with the debt that they're incurring.
Speaker 1: Now they just need to go in and make money.
Speaker 1: That's devastating. And what does it say for generations to
Speaker 1: come if they are hip to the idea that their
Speaker 1: parents are still paying off their student loan debt, then
Speaker 1: they're trying to go into further debt to pay for
Speaker 1: their children, to help support them in some way, go
Speaker 1: to college to incur more debt. Well, then guess what
Speaker 1: there's going to be a generation of young people that decide, yeah,
Speaker 1: maybe colleges inform me? What does that mean about our
Speaker 1: competitiveness as a nation? What does that mean about the
Speaker 1: future of this country, our economy, our output? If people
Speaker 1: can no longer access the American dream, if it really
Speaker 1: is just something that you can hold onto at night
Speaker 1: when you're asleep, and not something that you can readily
Speaker 1: access in the day, what does that mean for our
Speaker 1: future collectively? Coming up next, my conversation with investigative reporter
Speaker 1: and the man behind the documentary that is airing on
Speaker 1: both MSNBC and Peacock. Lone Wolves Blake Zef Folks, I
Speaker 1: am very excited to welcome to WOKA after Daily for
Speaker 1: the first time investigative reporter Blake Jeff who has Blake
Speaker 1: zaff excuse me? Who has captivated me? It's not often
Speaker 1: that I watch commercials, Blake. I'll tell you on MSNBC,
Speaker 1: I kind of you know, I'm that person that will
Speaker 1: flip back and forth. You know, as soon as commercial
Speaker 1: goes up, I'm like onto the next station and the documentary.
Speaker 1: Your documentary Loan Wolves. I the trailer was so thrilling,
Speaker 1: So folks, Lone Wolves documents a cross country adventure uncovering
Speaker 1: the effects of the student loan debt crisis. And you
Speaker 1: investigate Blake exactly who is to blame for the crisis
Speaker 1: that we're in, and you you know, it kind of
Speaker 1: signals to me and I, you know, and we'll jump
Speaker 1: right in that this was purposefully done. That the fact
Speaker 1: that we have a student loan crisis. This isn't like COVID,
Speaker 1: like we don't know where it came from, right, and
Speaker 1: we just have to kind of deal with the effects
Speaker 1: of this. You know, we were sold and I mean
Speaker 1: as the American people were sold this idea that everyone
Speaker 1: needs to go to college, and if you go to college,
Speaker 1: you will come out with a good paying job, you'll
Speaker 1: be better off than your parents, and you know, and
Speaker 1: the psycho will progress well. Over the course of I
Speaker 1: don't know how many decades, college went from being affordable
Speaker 1: where states were largely flipping the bill if you were
Speaker 1: going to a state school and if you had the
Speaker 1: means or you got a scholarship to go to a
Speaker 1: private school, God bless you know, good for you. Then
Speaker 1: over the decades, college went from being readily affordable to
Speaker 1: putting mostly black people of color, low income people in
Speaker 1: six figures worth of debt to get a four year degree.
Speaker 1: So I just want to I want you to tell
Speaker 1: to tell us you know why you decided to do this,
Speaker 1: is what prompted this cross country investigation, and then give
Speaker 1: us a little bit of insight into some of the
Speaker 1: things that you heard. Having me, let me say, I
Speaker 1: I agree with everything you just said. It really started
Speaker 1: for me. I saw my wife. You know, she grew
Speaker 1: up in middle class family and she went to grad
Speaker 1: school to become a psychologist to help veterans with PTSD,
Speaker 1: which is a nice thing, right, something thinks that our government,
Speaker 1: society would want to encourage. But she ended up graduating
Speaker 1: with two hundred thousand dollars of student debt. And I
Speaker 1: saw her dealing with the student loan companies, and it
Speaker 1: wasn't just the numbers, Daniel, which the numbers are bad enough, right,
Speaker 1: two hundred thousand dollars, two thousand dollars a month we're paying,
Speaker 1: but they're really sketchy the way. And you know, your
Speaker 1: listeners who deal with student loans will know this, they'll
Speaker 1: recognize this. There's a lot of fine print. You get
Speaker 1: these notices claiming you didn't pay when you did pay,
Speaker 1: a lot of that kind of stuff, really sketchy stuff.
Speaker 1: So the journalist in me started to smell a rat
Speaker 1: and I thought to myself, well, we're dealing with this,
Speaker 1: and there's forty forty five million Americans who have student debt.
Speaker 1: This has got to be a huge, massive issue. And
Speaker 1: so as I started to look into this more and
Speaker 1: more and more, it kind even worse than I ever
Speaker 1: could have imagined. I mean, you talked before about how
Speaker 1: you know this was a man made crisis, a disaster.
Speaker 1: It's not like COVID this was the people who represent
Speaker 1: us in Congress. Politicians are supposed to work for us,
Speaker 1: are supposed to help us. But I found as I
Speaker 1: dug deeper and deeper into this, that they were doing
Speaker 1: the exact opposite. I mean, you know it what is
Speaker 1: so heartbreaking? And this came up in you know, in
Speaker 1: a couple of the people that you interviewed, that they
Speaker 1: were sold a lie, right, that they were sold a lie.
Speaker 1: And it isn't even just about the fine print in
Speaker 1: terms of the actual loans that they are taking out.
Speaker 1: They were sold a lie as to what this degree
Speaker 1: right was going to be able to offer them. And
Speaker 1: I can tell you I have two younger cousins who
Speaker 1: are much much younger than me graduated. One of them
Speaker 1: decided to was able to graduate six figure debt. The
Speaker 1: other one had to leave school because he could no
Speaker 1: longer afford it. Still has considerable debt, which I know
Speaker 1: is also a large part of this as well, which
Speaker 1: is people that go into higher education and then part
Speaker 1: way through can't afford the tuition, but still are now
Speaker 1: paying off the degree that they didn't get. So talk
Speaker 1: about some of the things that the themes I guess
Speaker 1: that came up in conversations and again this is striking
Speaker 1: all Americans, not just one particular group, and talk about
Speaker 1: what they said. Well, broad theme, say this movie one
Speaker 1: is what you just said, the complete live the quote
Speaker 1: unquote American dream. Like you said, people are seventeen years old,
Speaker 1: eighteen years old, what are you told in this country?
Speaker 1: Work hard? And if you work hard, whether you grow
Speaker 1: up in poverty or in the middle class, whatever you
Speaker 1: might want to do to have a good life, if
Speaker 1: you work hard, study, go to school, you'll get a
Speaker 1: good job when you graduate, and you'll have a good life. Well,
Speaker 1: it turns out that for most Americans who can't afford college,
Speaker 1: some colleges right now, Danielle cost eighty five thousand dollars,
Speaker 1: which is in santeen eighty five thousand dollars. It was
Speaker 1: eighty five thousand dollars for the four years I would
Speaker 1: still need, insane amount. Eighty five thousand years is crazy. Okay,
Speaker 1: So you could we tell these people, these young people
Speaker 1: seventeen years old, eighteen years old, better yourself and work
Speaker 1: really really hard. And what happens is they do that
Speaker 1: and then they're handed the stack of loan papers that
Speaker 1: you know, even at h Now, I wouldn't understand half
Speaker 1: the things. There's something called compounding interest, which basically says,
Speaker 1: if you're behind on a payment, you're interesting. You know,
Speaker 1: they could do compounding interest, which means, you know, like
Speaker 1: when you take out a loan, you'll pay the principle
Speaker 1: and then there's a little bit of interest. Compounding interest
Speaker 1: is interest on the interest yea, So that if you're behind,
Speaker 1: they'll start compounding your interest to the point where your
Speaker 1: loans just get out of control. So we talked to
Speaker 1: one guy was a teacher, first in his family to
Speaker 1: go to college, and you start off with thirty five
Speaker 1: thousand dollars in debt, and after missing a few payments,
Speaker 1: they kept compounding his interest to the point where now
Speaker 1: he's got one hundred fifty thousand dollars of debt. And
Speaker 1: we talk about this in the film. You've seen it.
Speaker 1: He's considering. He was considering suicide because it's you can
Speaker 1: provide for his family. He felt like a failure. And
Speaker 1: this guy did everything, excuse me, did everything right. He
Speaker 1: was a first in his family go to college. He's
Speaker 1: a teaching it's a great job, he's serving society. But
Speaker 1: it's that American dream is just not true for many people.
Speaker 1: The other thing I want to mention about the big
Speaker 1: theme is about our democracy, and I kind hinted at
Speaker 1: this in my last answer, which is the politicians are
Speaker 1: supposed to be looking out for us. In a way,
Speaker 1: they helped cause this crisis and have done nothing to
Speaker 1: stop it. In nineteen ninety eight, two lines, and you
Speaker 1: know this, I'm watching two lines were added to a
Speaker 1: massive education bill. They were snuck in these two lines
Speaker 1: that said student loans are basically one of the only
Speaker 1: debts who can't get rid of through bankruptcy. And not
Speaker 1: that everyone is dying to. Yeah, but it's a way
Speaker 1: out for some. But the other reason that it's important
Speaker 1: is if the loan companies the student lenders know that
Speaker 1: there's not even a potential threat of bankruptcy, they will
Speaker 1: just lend out tons of money to anyone, whether they
Speaker 1: can pay it back or not. And the colleges know that,
Speaker 1: so they'll just raise their prices at will. And that's
Speaker 1: why tuition has gotten so high, because there's nothing checking
Speaker 1: the colleges or the college lenders because they know the
Speaker 1: repayment is guaranteed. So this system is totally out of control.
Speaker 1: And it needs absolute reform. So you know a lot
Speaker 1: of people are for canceling student debt. That's great, but
Speaker 1: that's like a backwards looking solution. That's where people already
Speaker 1: have the debt. You still also need to fix the
Speaker 1: structural problems in the lending system because people will start
Speaker 1: having new debt tomorrow if you cancel the debt. And
Speaker 1: so we get into that. But the government was the
Speaker 1: one who did that, And in the movie, I try
Speaker 1: to track down who was the one responsible for it,
Speaker 1: and it takes me on this journey that I never
Speaker 1: would have expected, and ultimately confront the person about it,
Speaker 1: and we have a very heated conversation. You know. It's
Speaker 1: it's so unfortunate because you know, when we think about bankruptcy, right,
Speaker 1: bankruptcy is a tool of the rich. Bankruptcy is you know,
Speaker 1: just to remind people, it is a way to wipe
Speaker 1: out your debt and be able to start over again. Right,
Speaker 1: And to think that somebody would have six figures worth
Speaker 1: of debt, that is a teacher, blake, That is a
Speaker 1: team John. We know in this country we love to
Speaker 1: applaud teachers, but that's about it. We don't pay them, right,
Speaker 1: So to have six figures worth of debt to get
Speaker 1: into a job where you're not in most places, not
Speaker 1: making six figures is basically setting up a trap. And
Speaker 1: so you know, one of the things as Joe Biden
Speaker 1: Biden administration came out is we're waiting on the verdict
Speaker 1: visa the courts because of Republican governors deciding to sue
Speaker 1: the Biden administration. And I want to get your thoughts
Speaker 1: on that. Joe Biden says on the campaign trail, we
Speaker 1: need to do something about student loan debt. Everyone should
Speaker 1: have access to the American dream, and student loan debt
Speaker 1: is not allowing people to be able to do that.
Speaker 1: So he cancels up to twenty thousand dollars worth of
Speaker 1: PELL grants, ten thousand dollars of other grants to give
Speaker 1: people a fighting chance. Now, to the person that you
Speaker 1: spoke about in the film, one hundred and fifty thousand
Speaker 1: dollars worth of debt, if you can even take away
Speaker 1: thirty thousand dollars, you know, that doesn't seem like a
Speaker 1: whole large sum, but it is something, right, It is
Speaker 1: something that is significant. And now you have an entire
Speaker 1: political party that has decided to sue so that people
Speaker 1: can suffer. How do you make sense of that, blake.
Speaker 1: It's cruel, it's political, it's unbelievable. So in the film
Speaker 1: where we have Republicans trull, we've got this guy named
Speaker 1: Wayne Johnson who this is unbelievable. I think most most
Speaker 1: people listeners won't know about it. If I didn't know
Speaker 1: about it, and I really studied this topic. Wayne Johnson
Speaker 1: appointed by President Trump to overseein the student aid program
Speaker 1: for the government a couple of years ago. He quit
Speaker 1: his job because he couldn't believe how messed up this
Speaker 1: system was and how it was hurting so many people.
Speaker 1: He felt it was ruining the fabric of America because
Speaker 1: it was putting these young people in life altering debt.
Speaker 1: By the way, not just young people, we should talk
Speaker 1: about this too, it's parents, parents sometimes, you know, parents
Speaker 1: and grandparents are co signing on these loans, or in
Speaker 1: other cases just people who have had these debts for
Speaker 1: so long now they're older in life and they still
Speaker 1: have it. So he's seen generations of people who are
Speaker 1: being put in this position, and he quit his job
Speaker 1: after six months. He's like, I can't take this anymore.
Speaker 1: And he this Republican serving Donald Trump has now come
Speaker 1: out in favor of canceling student debt. He came out
Speaker 1: for canceling more student debt than Elizabeth Warren did even
Speaker 1: And I mentioned this to say that there are people
Speaker 1: of good conscience who when they see what is happening
Speaker 1: and they actually are really involved in here, like this
Speaker 1: is unbelievable. Problem is that politically, this has become so
Speaker 1: politicized that you're right, You've got the Republican Party simply
Speaker 1: because Joe Biden wanted to do something, it became very political.
Speaker 1: And so Biden did this debt cancelation and right away
Speaker 1: they had to try to sue to stop it in court.
Speaker 1: And we've got a very political Supreme Court. I don't
Speaker 1: have to tell you that, and that's who's going to
Speaker 1: be hearing this case. And so this is just a
Speaker 1: few months from now, the Supreme Court is going to
Speaker 1: be ruling on this. And if you're the Biden administration,
Speaker 1: you can't be too optimistic about what's going to happen there.
Speaker 1: So m to answer your question. It's highly political. It's
Speaker 1: highly partisan, and it's not about the substance because people
Speaker 1: of all you know, political when they look at this, yeah,
Speaker 1: and they're they're also as you're saying, it's it's not
Speaker 1: just democrats web student debt. There's forty five million people
Speaker 1: in this country, you have it, right, So they're very constituents.
Speaker 1: They're more people probably in red states who are student
Speaker 1: now then in blue states. So it's really one of
Speaker 1: these situations where the politicians are not representing their content
Speaker 1: their constituents interests, you know, And I think about to
Speaker 1: a lot of these sept Nigerians actin Nigerians that are
Speaker 1: representing us in government. And when you know, literally one
Speaker 1: hundred years ago when they were in college college who
Speaker 1: was either free or it was really like a couple
Speaker 1: of hundred dollars for a four year degree. So to
Speaker 1: even you can't even um equate, oh well I paid
Speaker 1: back my student loans. Well, you were never going to
Speaker 1: incure a six figures worth of debt um And I
Speaker 1: think that you know, what is what is really terrifying
Speaker 1: with regard to the weaponized Supreme Court that you mentioned
Speaker 1: is that you know, the majority of the Supreme Court
Speaker 1: is wealthy, right, these are these are wealthy people. I
Speaker 1: want you to be able to talk talk about too,
Speaker 1: Who is making money off of this? Who is making
Speaker 1: money off of forty five million Americans suffering in this country?
Speaker 1: Did a couple of really good points there. First, I
Speaker 1: want to tell the first point you made though about
Speaker 1: the older generation is so important because I've never seen
Speaker 1: an issue, Danielle, where the impact on Americans was so
Speaker 1: severe and punishing, and yet the ability of the powerful people,
Speaker 1: the policymakers, and even the media to understand it was
Speaker 1: so low. There's such a gap between what is happening
Speaker 1: and what is perceived the older people. We've We've a
Speaker 1: professor in the film named Chrissy Greer at Fordham. She's
Speaker 1: a friend of the show and a friend of mine. Okay, okay, awesome,
Speaker 1: Well let's give her a plug day. Yeah Greer from Fordham,
Speaker 1: who's awesome, is in the stone and she says, oh,
Speaker 1: you know, the older generation says I paid for my
Speaker 1: colleague or whatever, and she's like, yeah, college back then
Speaker 1: was two thousand dollars a year. Now it's like sixty
Speaker 1: five thousand dollars and you haven't even bought a book yet.
Speaker 1: She talks about how she's nervous and feels bad about
Speaker 1: assigning books to students because she knows how hard it
Speaker 1: is to afford even the books, because the tuition is
Speaker 1: so much. And she says she has students who say
Speaker 1: to her, they've already given up on their dreams. They're
Speaker 1: in college, they've already given up on their dream jobs
Speaker 1: because they have to do something that will pay, because
Speaker 1: they're already in such a day that is so messed up.
Speaker 1: That defeats the whole purpose of going to college. It's
Speaker 1: really really horrible. So in terms of your other point
Speaker 1: about who benefits from this, there are college lending companies.
Speaker 1: There's a whole industry as student loan industry banks who
Speaker 1: are making so much money, and they love when he
Speaker 1: can't declare bankruptcy on your students. That's great repayment for
Speaker 1: them is totally guaranteed. It's a great system for them.
Speaker 1: By the way, who do they give money to the politicians?
Speaker 1: So they donate money to the politicians, by the way,
Speaker 1: it's happening on both parties, and these politicians no skin
Speaker 1: off there. They just give the student loan industry what
Speaker 1: they want and as a self perpetuating cycle, and the
Speaker 1: victim are the American people. This is not at all
Speaker 1: working in a way that benefits the people were supposedly
Speaker 1: trying to help achieve the American dream. I mean, like,
Speaker 1: it's such a horrific cycle, right to your point that
Speaker 1: even this canceling of student loan debt even a little bit,
Speaker 1: is not doing anything to fix the student loan situation
Speaker 1: to begin with. Right, the cycle will just start over
Speaker 1: again for the next group of Americans that want to
Speaker 1: get a higher education. What is the solution and where
Speaker 1: is the hope? Right? Like, does this does it just
Speaker 1: mean that we're going to have a generation that isn't
Speaker 1: going to go to college because they're going to say,
Speaker 1: what the hell is the point? Right? I might as
Speaker 1: well just go and start working, because at the end
Speaker 1: of the day, I'm getting six figures of worth of
Speaker 1: debt to go try and get a six figure job
Speaker 1: that I'm going to spend the entirety of my professional
Speaker 1: career trying to pay down this debt, not being able
Speaker 1: to buy a home a car. How does that even
Speaker 1: make sense? So what is the long term crisis look
Speaker 1: like if it's not disrupted and fixed by the very
Speaker 1: people that cost it three good day? It's the ultimate question.
Speaker 1: I think something's got to give I think the system
Speaker 1: is going to collapse under its own weight. You cannot
Speaker 1: have a situation where we tell young people that in
Speaker 1: order to have a decent life, you've got to work
Speaker 1: hard and go to college, and then we make college
Speaker 1: totally unaffordable, and in hid this crushing we're not talking
Speaker 1: about two thousand dollars debt, five thousand dollars that I mean,
Speaker 1: there's almost two trillion dollars worth of student debt in
Speaker 1: this country. I know, when you hear a number like that,
Speaker 1: it just feels like monopoly money. So let's break it down.
Speaker 1: There's about forty five million people who have it, so
Speaker 1: on average ends of being about forty thousand per person.
Speaker 1: That's not the nightmare scenario. That's the average. Okay, when
Speaker 1: you look at when you look at people go to
Speaker 1: grad school, and you know, we're telling people nowadays go
Speaker 1: to grad school that that's a competitive advantage. Sometimes a
Speaker 1: college degree is in even enough for a lot of jobs.
Speaker 1: Right there are people who are struggling the job market.
Speaker 1: They have a bachelor's degree. Plenty people don't even have that, right,
Speaker 1: but people of bachelor's degrees are having trouble getting certain jobs.
Speaker 1: They go to grad school to have an even better chance,
Speaker 1: and they end up with these just one hundred thousand
Speaker 1: dollars debts is very very common, right, and some of
Speaker 1: these jobs, I mean, I gotta tell you, I wonder
Speaker 1: if we're going to have these jobs anymore veterinarians. This
Speaker 1: is like a random example. I know people are like, huh,
Speaker 1: it seems like obscure, But veterin arians, I think we
Speaker 1: all agree, like that's a good thing to have in society.
Speaker 1: If you have a pet, you want to be able
Speaker 1: to take your pet to the doctor. They have very
Speaker 1: high suicide rates veteran arians, very high. And one of
Speaker 1: the reasons they have been academic studies about this. One
Speaker 1: of the reasons is they have such terrible student debt.
Speaker 1: The average veterinarian average not worst case, has almost two
Speaker 1: hundred thousand dollars in student debt. Because it's a very
Speaker 1: expensive degree. They've got to go to undergrad they've got
Speaker 1: to go to grad school, and they don't make a
Speaker 1: ton of money. I know it's expensive to bring your
Speaker 1: dog or right, but they're not They're not raking in
Speaker 1: tons of money, and so a lot of them are
Speaker 1: really struggling financially. Of course they also, you know, it's
Speaker 1: very hard to treat dying animals. I'm sure that that
Speaker 1: takes a toll too, but I just mentioned that as
Speaker 1: one example the kinds of jobs that we just take
Speaker 1: for granted in society. But they've literally done studies about
Speaker 1: why is the studicide rates a high among veterinarians, and
Speaker 1: they found one of the causes, not the only, but
Speaker 1: one of the causes of student debt. This is it
Speaker 1: leads to divorces. Student debt for moving on from veteran
Speaker 1: arian sound just regular average folks. There's I saw wednesday,
Speaker 1: it's something like one in eight divorces because of student debt.
Speaker 1: Because there's couples and families are crippled by this. People
Speaker 1: are getting married later, they're having to move to out
Speaker 1: of state, away from their families because of it. It
Speaker 1: is upending people's lives in ways that you would just
Speaker 1: not believe. So to answer your question, I have to
Speaker 1: feel that there is a reckoning coming at some point
Speaker 1: where their system is going to have to be reformed
Speaker 1: because it is shaking the country to its core. Blake,
Speaker 1: I can't thank you enough for for this film, for
Speaker 1: this documentary, because you know, we all and it's and
Speaker 1: it's crazy to say this because I'm saying it like
Speaker 1: it's a virus. We all know someone, family members, friends,
Speaker 1: colleagues that are one of the forty five million right
Speaker 1: that are living under crushing debt, that are trying to
Speaker 1: do the best that they can and they're drowning and
Speaker 1: no one is throwing them a lifeline. And I think
Speaker 1: that what you have done here is extraordinary because you're
Speaker 1: showing the tapestry of America and how this crisis is
Speaker 1: upending the American dream and so what does that look
Speaker 1: like in generations to come? These are the questions that
Speaker 1: our politicians, those representatives that we elect to represent our
Speaker 1: best values, not the best values of Wells Fargo and
Speaker 1: Navientt and you know and whomever, to do something about this.
Speaker 1: So Blake, please tell people how they can watch Lone
Speaker 1: Wolves where it is, because because everyone everyone should see this,
Speaker 1: let me say before I tell you exactly where to
Speaker 1: watch it. This is not all like a SOB story
Speaker 1: or boring. I went we try to make it funny.
Speaker 1: There's a lot of moments in there that are just silly, ridiculous.
Speaker 1: We show politicians looking insane, so you know, you can
Speaker 1: sit back, get your popcorn going. You're gonna have fun.
Speaker 1: Believe it or not. It's gonna be one of those
Speaker 1: movies where you learn stuff and you're mad at the
Speaker 1: best guys, but you're also going to have some fun.
Speaker 1: You can watch it. It's streaming on Peacock right now.
Speaker 1: If you've got peacock super easy to just go ahead
Speaker 1: and do it. Or it's going to be on MSNBC
Speaker 1: this Saturday night, that is I believe, the seventeenth of
Speaker 1: December at ten pm, the seventeenth of December Saturday night
Speaker 1: ten pm on SNBC or streaming on Peacock. And Daniel
Speaker 1: thank you so much, not just for having me on,
Speaker 1: but really giving a spotlight to this issue because, like
Speaker 1: you said, it's so important and it's affecting so many people.
Speaker 1: Thank you. I really appreciate you and this work and
Speaker 1: everyone check out Lone Wolves. That is it for me today,
Speaker 1: dear friends, on Woke a f as always Power to
Speaker 1: the people and to all the people. Power, get woke
Speaker 1: and stay woke as fuck.