April 23, 2025 • 7 mins
In today's ‘Donkey of the Day,’ Charlamagne calls out the Trump administration for seizing wages, pensions, and tax refunds to repay student loans.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Your execution on the Donkey of the day is something
to go hold.
Speaker 2 (00:03):
For you to read.
Speaker 3 (00:05):
He gave me donkey other day and I deserve that.
You need to know. You need to tell them.
Speaker 1 (00:10):
I am you tell them that.
Speaker 3 (00:14):
It's time for Donkey of the day.
Speaker 1 (00:15):
It's a read.
Speaker 3 (00:16):
But you're so good at charlamage. You want charlomagde solomme?
Speaker 1 (00:23):
Who do you give the dusk the other day?
Speaker 2 (00:25):
Soon?
Speaker 4 (00:25):
Then?
Speaker 3 (00:27):
Well?
Speaker 2 (00:27):
Sexy red donkey today for Wednesday, April twenty third goes
to the US Department of Education, who under the Trump
administration announced on Monday that they will resume debt collections
for federal student law borrowers who have defaulted on their debts.
So millions of borrows are at risk of having federal
payments are portions of their salaries without in the coming
months because the White House said it can and will
(00:50):
take borrowers wages, pensions, and tax refunds.
Speaker 3 (00:53):
Let's go to KAA NBC five for the report Please.
Speaker 5 (00:56):
Major whiplash for millions of federal student loan hold For
the first time in five years, the Department of Education
will start collecting restart collecting, that is, federal student loans
in default. Student loans go into default after two hundred
and seventy days without any payment. The Trump administration said
in a statement quote, there will not be any mass
(01:19):
loan forgiveness.
Speaker 4 (01:21):
The Trump Administration has announced we will put an end
to Joe Biden's illegal student loan bailout Attempts.
Speaker 5 (01:26):
Loans have been on pause since March of twenty twenty
because of COVID nineteen. The Biden and Harris administration even
tried to cancel the debts of millions of borrowers. Now,
the Trump administration says the previous administration did not have
authority to cancel that debt, and it will start collections
(01:47):
as soon as May.
Speaker 4 (01:48):
Fifth debt cannot be wiped away. It just ends up
getting transferred to others. So why should Americans who didn't
go to college or went to college and responsibly paid
back their loans pay for the student loans of other Americans.
Speaker 2 (02:01):
I didn't go to college, so I don't have student
loan debt, so this won't impact me. But that doesn't
mean I'm not gonna care about this.
Speaker 3 (02:06):
Okay.
Speaker 2 (02:06):
The reason I care about this is because I care
about people, all right.
Speaker 3 (02:09):
Period.
Speaker 2 (02:10):
It doesn't matter what your financial situation is if you
live in a country where people are barely getting by,
that is not gonna make for a pleasant society. Not
to mention, working class people are a benefit to our business. Okay,
working class people who are listening to this, they're the
ones who listen to the show every day. Okay, They're
the people who buy books, they come to the comedy shows.
They'll spend their harder money to be at the Black
Effect Podcast Festival.
Speaker 3 (02:30):
It's Saturday in Atlanta.
Speaker 2 (02:31):
And every working class person in this country should be
able to pay their bills and have a little left
over for recreation. Okay, they should have some money for
leisure activities. And if you're voted for Donald Trump because
he promised to make the economy better, you gotta be
scratching your head right now. Okay, Donald Trump said he
was gonna make the economy better on day one. What
all he's done so far is cut federal programs that
(02:52):
benefit working class people, put elon muskin charge to fire
a bunch of federal workers. This half assed trade war
that's going on, hurting our wallets and four one K plans,
and now the White House is bringing more pain than
millions of Americans by restarting debt collection for student loan
borrowers who have fallen into default. I hope that you
(03:13):
all realize this is just politicians playing with the lives
of people again.
Speaker 3 (03:17):
Right.
Speaker 2 (03:17):
I was reading an op ed that Linda McMahon wrote
in The Wall Street Journal, and she blamed the Biden
administration and universities for making empty promises to students while
pocketing their loan dollars. She said, greedy colleges have profited
massively from Biden era forgiveness measures. When I read that,
I said to myself, Oh, the American people once again
have to suffer because of this pissing contest between Democrats
(03:39):
and Republicans.
Speaker 3 (03:40):
See. I hate when political parties do that.
Speaker 2 (03:42):
If Republicans do something that's good and benefit people, dim
should let it stand. If Democrats do something that's good
that benefits people, Republicans should.
Speaker 3 (03:51):
Let it stand.
Speaker 2 (03:51):
Linda McMahon said colleges profit massively from Biden era forgiveness loans.
Speaker 3 (03:55):
Well, Linda, there are plenty.
Speaker 2 (03:57):
Of corporations, institutions, and people in the trumpetman who profit
massively from things y'all do too. I honestly don't care
as long as the working class people are getting some relief.
When the rich get richer and the port don't get
a devil damn thing, that's not good. But if the
rich get richer and people are able to get some
money in they pocket too so they can live, that's
a beautiful society.
Speaker 3 (04:18):
Okay.
Speaker 2 (04:18):
And I don't want to hear you idiots say no,
they gotta pay these loans back.
Speaker 3 (04:21):
You can't get a loan and not pay it back.
Speaker 2 (04:23):
Sure, but how come there is never that sense of
urgency to pay loans back when it comes to these corporations.
Speaker 3 (04:30):
Okay.
Speaker 2 (04:30):
Two thousand and eight financial crisis, US government bailed out banks,
AIG got one hundred and eighty two billion, City Group
got forty five billion in TART funds and hundreds of
billions in loan guarantees. Bank of America got forty five
billion through the TART program. Those were loans. Two thousand
and nine, Auto Industry GM got fifty billion in federal aid,
Chrysler got twelve billion. GM filed for Chapter eleven bankruptcy
(04:52):
and had over thirty billion in.
Speaker 3 (04:53):
Debt wiped out.
Speaker 2 (04:54):
What about during Covid Airlines, Delta, United American Airlines, OH
got billions in payroll support and loans.
Speaker 3 (05:01):
And my point is I don't.
Speaker 2 (05:02):
Ever hear or see about these corporations getting pressure to
pay money back the way we are so quick to
do American citizens. Yes, I'm glad all these institutions were
able to stay afloat. We need those institutions, We need
the airlines, we need the banks, but don't we need
the American people too. Is it really going to hurt
us as a country if we don't garnish the wages
of student loan borrows, if we don't take from their
(05:23):
pensions their tax refunds. Is it really going to make
or break us as a society if we choose to
simply let those folks be for the time being. Why
at a time like this, with the Department of Education
and the Trump administration be doing this Because it's not
about what's right, it's about revenge. I'm not a Joe
Biden fan. I think his legacy is trash. But the
student loan forgiveness that he provided was great, Okay, one
(05:45):
of the better things on his resume. But Donald Trump
is hell bent on wiping his ass with Joe Biden's resume.
Speaker 3 (05:51):
It's that simple, and we.
Speaker 2 (05:53):
The people have to suffer because folks have political scores
to settle.
Speaker 3 (05:57):
Please let me, rema, give the US Department of Edge
the biggest he huw.
Speaker 1 (06:01):
He haw he ha, You stupid mother, Are you dumb?
That's what we said earlier. It makes no sense none whatsoever.
Speaker 3 (06:10):
They deserve that.
Speaker 1 (06:12):
All right, well, thank you for that. Donkey of the day, Yes, ma'am.
Now when we come back, Olyncia Johnson will be joining us.
She has a new book called Flip the Tables, and
we're gonna talk to her next. It don't go anywhere.
Speaker 3 (06:22):
What's the whole No, what's the whole book name? Clip
the Tables? Now? What clip the tables?
Speaker 1 (06:27):
Because every day this guide to finding courage and mak
him change.
Speaker 3 (06:32):
Your book title better be shortening the way you becoming.
That is I'm going back and forth with them right now.
Speaker 1 (06:38):
We'll talk about, oh you need a subtitle, and why.
Speaker 3 (06:41):
That's what it should be called, and why why it's
club boarded. It's the breakfast club.
Speaker 2 (06:51):
Donkey of Today is sponsored by renowned personal injury attorney
Michael the Bull, Lamb and Soft. Don't be a donkey
when you need to fight her on your side. If
you're ever injured. Go to Michael to Bull. That's Michael
to Bull dot com. And when you mess with the bull,
you get the horns.
Your execution on the Donkey of the day is something
to go hold.
Speaker 2 (00:03):
For you to read.
Speaker 3 (00:05):
He gave me donkey other day and I deserve that.
You need to know. You need to tell them.
Speaker 1 (00:10):
I am you tell them that.
Speaker 3 (00:14):
It's time for Donkey of the day.
Speaker 1 (00:15):
It's a read.
Speaker 3 (00:16):
But you're so good at charlamage. You want charlomagde solomme?
Speaker 1 (00:23):
Who do you give the dusk the other day?
Speaker 2 (00:25):
Soon?
Speaker 4 (00:25):
Then?
Speaker 3 (00:27):
Well?
Speaker 2 (00:27):
Sexy red donkey today for Wednesday, April twenty third goes
to the US Department of Education, who under the Trump
administration announced on Monday that they will resume debt collections
for federal student law borrowers who have defaulted on their debts.
So millions of borrows are at risk of having federal
payments are portions of their salaries without in the coming
months because the White House said it can and will
(00:50):
take borrowers wages, pensions, and tax refunds.
Speaker 3 (00:53):
Let's go to KAA NBC five for the report Please.
Speaker 5 (00:56):
Major whiplash for millions of federal student loan hold For
the first time in five years, the Department of Education
will start collecting restart collecting, that is, federal student loans
in default. Student loans go into default after two hundred
and seventy days without any payment. The Trump administration said
in a statement quote, there will not be any mass
(01:19):
loan forgiveness.
Speaker 4 (01:21):
The Trump Administration has announced we will put an end
to Joe Biden's illegal student loan bailout Attempts.
Speaker 5 (01:26):
Loans have been on pause since March of twenty twenty
because of COVID nineteen. The Biden and Harris administration even
tried to cancel the debts of millions of borrowers. Now,
the Trump administration says the previous administration did not have
authority to cancel that debt, and it will start collections
(01:47):
as soon as May.
Speaker 4 (01:48):
Fifth debt cannot be wiped away. It just ends up
getting transferred to others. So why should Americans who didn't
go to college or went to college and responsibly paid
back their loans pay for the student loans of other Americans.
Speaker 2 (02:01):
I didn't go to college, so I don't have student
loan debt, so this won't impact me. But that doesn't
mean I'm not gonna care about this.
Speaker 3 (02:06):
Okay.
Speaker 2 (02:06):
The reason I care about this is because I care
about people, all right.
Speaker 3 (02:09):
Period.
Speaker 2 (02:10):
It doesn't matter what your financial situation is if you
live in a country where people are barely getting by,
that is not gonna make for a pleasant society. Not
to mention, working class people are a benefit to our business. Okay,
working class people who are listening to this, they're the
ones who listen to the show every day. Okay, They're
the people who buy books, they come to the comedy shows.
They'll spend their harder money to be at the Black
Effect Podcast Festival.
Speaker 3 (02:30):
It's Saturday in Atlanta.
Speaker 2 (02:31):
And every working class person in this country should be
able to pay their bills and have a little left
over for recreation. Okay, they should have some money for
leisure activities. And if you're voted for Donald Trump because
he promised to make the economy better, you gotta be
scratching your head right now. Okay, Donald Trump said he
was gonna make the economy better on day one. What
all he's done so far is cut federal programs that
(02:52):
benefit working class people, put elon muskin charge to fire
a bunch of federal workers. This half assed trade war
that's going on, hurting our wallets and four one K plans,
and now the White House is bringing more pain than
millions of Americans by restarting debt collection for student loan
borrowers who have fallen into default. I hope that you
(03:13):
all realize this is just politicians playing with the lives
of people again.
Speaker 3 (03:17):
Right.
Speaker 2 (03:17):
I was reading an op ed that Linda McMahon wrote
in The Wall Street Journal, and she blamed the Biden
administration and universities for making empty promises to students while
pocketing their loan dollars. She said, greedy colleges have profited
massively from Biden era forgiveness measures. When I read that,
I said to myself, Oh, the American people once again
have to suffer because of this pissing contest between Democrats
(03:39):
and Republicans.
Speaker 3 (03:40):
See. I hate when political parties do that.
Speaker 2 (03:42):
If Republicans do something that's good and benefit people, dim
should let it stand. If Democrats do something that's good
that benefits people, Republicans should.
Speaker 3 (03:51):
Let it stand.
Speaker 2 (03:51):
Linda McMahon said colleges profit massively from Biden era forgiveness loans.
Speaker 3 (03:55):
Well, Linda, there are plenty.
Speaker 2 (03:57):
Of corporations, institutions, and people in the trumpetman who profit
massively from things y'all do too. I honestly don't care
as long as the working class people are getting some relief.
When the rich get richer and the port don't get
a devil damn thing, that's not good. But if the
rich get richer and people are able to get some
money in they pocket too so they can live, that's
a beautiful society.
Speaker 3 (04:18):
Okay.
Speaker 2 (04:18):
And I don't want to hear you idiots say no,
they gotta pay these loans back.
Speaker 3 (04:21):
You can't get a loan and not pay it back.
Speaker 2 (04:23):
Sure, but how come there is never that sense of
urgency to pay loans back when it comes to these corporations.
Speaker 3 (04:30):
Okay.
Speaker 2 (04:30):
Two thousand and eight financial crisis, US government bailed out banks,
AIG got one hundred and eighty two billion, City Group
got forty five billion in TART funds and hundreds of
billions in loan guarantees. Bank of America got forty five
billion through the TART program. Those were loans. Two thousand
and nine, Auto Industry GM got fifty billion in federal aid,
Chrysler got twelve billion. GM filed for Chapter eleven bankruptcy
(04:52):
and had over thirty billion in.
Speaker 3 (04:53):
Debt wiped out.
Speaker 2 (04:54):
What about during Covid Airlines, Delta, United American Airlines, OH
got billions in payroll support and loans.
Speaker 3 (05:01):
And my point is I don't.
Speaker 2 (05:02):
Ever hear or see about these corporations getting pressure to
pay money back the way we are so quick to
do American citizens. Yes, I'm glad all these institutions were
able to stay afloat. We need those institutions, We need
the airlines, we need the banks, but don't we need
the American people too. Is it really going to hurt
us as a country if we don't garnish the wages
of student loan borrows, if we don't take from their
(05:23):
pensions their tax refunds. Is it really going to make
or break us as a society if we choose to
simply let those folks be for the time being. Why
at a time like this, with the Department of Education
and the Trump administration be doing this Because it's not
about what's right, it's about revenge. I'm not a Joe
Biden fan. I think his legacy is trash. But the
student loan forgiveness that he provided was great, Okay, one
(05:45):
of the better things on his resume. But Donald Trump
is hell bent on wiping his ass with Joe Biden's resume.
Speaker 3 (05:51):
It's that simple, and we.
Speaker 2 (05:53):
The people have to suffer because folks have political scores
to settle.
Speaker 3 (05:57):
Please let me, rema, give the US Department of Edge
the biggest he huw.
Speaker 1 (06:01):
He haw he ha, You stupid mother, Are you dumb?
That's what we said earlier. It makes no sense none whatsoever.
Speaker 3 (06:10):
They deserve that.
Speaker 1 (06:12):
All right, well, thank you for that. Donkey of the day, Yes, ma'am.
Now when we come back, Olyncia Johnson will be joining us.
She has a new book called Flip the Tables, and
we're gonna talk to her next. It don't go anywhere.
Speaker 3 (06:22):
What's the whole No, what's the whole book name? Clip
the Tables? Now? What clip the tables?
Speaker 1 (06:27):
Because every day this guide to finding courage and mak
him change.
Speaker 3 (06:32):
Your book title better be shortening the way you becoming.
That is I'm going back and forth with them right now.
Speaker 1 (06:38):
We'll talk about, oh you need a subtitle, and why.
Speaker 3 (06:41):
That's what it should be called, and why why it's
club boarded. It's the breakfast club.
Speaker 2 (06:51):
Donkey of Today is sponsored by renowned personal injury attorney
Michael the Bull, Lamb and Soft. Don't be a donkey
when you need to fight her on your side. If
you're ever injured. Go to Michael to Bull. That's Michael
to Bull dot com. And when you mess with the bull,
you get the horns.
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