Transcript

Merry Christmas, Here’s Some Debt! Homeroom

Busted Pencils · Mon Dec 15, 2025

Wow, hey spusted pencils fully let it education tuck educated educators talking talking or talking. I don't know

it's whatever you want education. That's what we do. Dr. Johnny Dupinati, Jacob chairman of the

board, me, Dr. Tinslecker. Oh my goodness. Here we are again. The busted pencils seventh day of

Christmas producer Jacob, you said. Why yes, Tim, it's the fabulous busted pencils seventh show of

Christmas. Nice. And you can't see it listener because you can't see the festive overlay of the

video interface we have. It's pretty amazing. Jacob goes above and beyond to produce not just a

great busted pencil show, but he makes it a full festive experience for us hosting a hair with

them. I mean, Jacob, you went above and beyond for this home room. I'm pretty exciting as we're

getting closer to the big day getting closer. I thought I heard that that, you know, that composition

Jacob that you were that you would work so hard. Oh, do you want to hear their composition again? Yeah, let's know.

There it is.

Buss pencils. Yeah, yeah. Yeah.

Grattles pencils and bust them.

Don't miss it.

That's right. That's right there. You know, it's Christmas when you hear that song. You know,

it's like chestnuts roasting on an open fire. And

Buss pencils Christmas music, man. I love that. Jacob though

classes in session here on the seventh day of Christmas. And I love that you came in with,

you know, our own original music because, um, you know, Johnny will know that actually,

you know, this, this, this podcast radio show, you name it. Hey, it has always had music behind

driving everything we do. And so, you know, the whole idea here of of of our own original

Christmas music. I think it's a lot of fun, Tim, because the fun thing about it is that

you can, you can make a funny little song whenever you want. I mean, it's, it's no big deal.

But hopping on to an AI thing and writing out my original busted pencils Christmas chime

and having it not sound bad. It actually sounds like a fun song. That is too much power

for for one person to have. So I don't know if this is going to last forever, but

I'm happy that AI has empowered me on this beautiful home room edition of busted pencils.

Yes. Wait a day. Oh, man. Show till Christmas. You know, the seventh show of busted pencils

Christmas. Tim, it's Monday home room. It's a big time. Well, you know what? I love that. I love

that though the the personalized song with the overlay of the festivities. I added this weekend

you sent me the the track and I added it to my Christmas playlist. So it currently comes on,

you know, when everyone's chilling out and having like holiday kind of drinks and, you know,

and mingle in it comes on. Sit your beep down and learn. Learn. I love it. Big fan. So hey,

but Tim, we've been texting all weekend, you know, the news never stops. The news never stops.

And in fact, I mean, this one here, it's got me so upset that I didn't even realize what day it was

to start here, you know, thinking about it. No, no, okay. That's the model. It's a bottle, you know,

I mean, I cut my hair again. You can see what, you know, I must have sucked out a few of the

cognitive brain cells attached to the ends of my roots of my hair that I don't have many left

of anymore. But, um, Johnny, you know, it is the the giving season and, whoa, gotta love this gift.

The Department of Education settled a lawsuit and all is right with the world again,

because taxpayers, you get the most awesome of gifts ever. You don't have to pay for my student

loans anymore. My son's student loans, my daughter's student loans. You're off the hook this

Christmas because hey, the Department of Education agreed with a couple of the states while in the

Missouri, I forget who said that, um, you know, no, there is no such thing as a free lunch as a free

ride as, you know, well, there wasn't anything free. In fact, even the whole idea of getting a little

bit of relief on the taxpayers time, that's out the door. When I'm talking about Johnny, the save

program introduced by Biden by quote executive order, which, um, was not forgiveness. Let's just

remember forgiveness had already been beaten down. This was just a way to allow student loan repayment

to actually be a little bit more affordable. And, you know, you can catch a little tone in my

voice of going, I'm not sure that actually this was a gift to the taxpayers because

when the save program was in place, everybody was still paying back their student loans anyway.

So when you look at news stories right now that are out there celebrating the finalization of

this lawsuit, this is one of those things where it's like, man, what a way to wake up and go home

room. Man, that $500 a month, I didn't realize that because under the safe plan, I was paying

a hundred bucks a month. I spent 400 bucks on a Christmas gift for somebody. I got to take it back.

I'm a mess, Johnny. Well, Tim, no, I mean, it's, it's news and we're here to talk about all things

education related. And most certainly, you know, the enormous weight of student loan debt across

this country is a big topic in education until we figure it out until it gets solved because

repayment in most cases has already occurred. It's just all of the, like you've noted this before,

the accrued interests and all the, you know, twists and turns in the system for any listener out

there with student loans, knows just merely figuring out what your current balance is and everything.

It's gotten a little bit better till I go online and kind of check everything and stay up with it.

But it's been a mess. It continues to be a mess. And, and I, you know, I didn't, I didn't,

I wasn't too shocked by this story, Tim, you know, I don't expect this administration to do anything

for the working people of this country that's going to help them out. I mean, yes, they did say,

hey, we're here to help make, you know, grocery costs slower. And we're here to figure out how

working America can experience a higher quality of life. All these things that the current administration

said they were going to deliver. Um, they riled folks up on and, uh, and have not delivered. So

it's no shock to me that, you know, any of the, the, the allow, I don't know what to call

allowances. I don't like forgiveness because forgiveness implies that something wrong has happened.

And, and it's like, no, you know, taking out alone to go to public school so that you can contribute

to your community, especially thinking about it as, you know, somebody in public service, like,

you know, a teacher out there or, you know, anybody who's providing like their civic duty through

the employment and work that they do in their community. These are, you know, these are standard

practices around the developed world. And, uh, you know, we happened to, like I've said many times,

marketize education, right, create it as a commodity, not as part of a necessarily as a part of

a democracy, but as something you can buy. And, uh, what if I needed to get to a, uh, a job? Well,

if you can't buy it now, well, then you were going to have to take a loan and good luck repay

in that loan. And, and it's a mess that we got to get out of. We've had many shows about a

before Tim. Uh, and now here we are again, no shocker to me, you know, the, the, um, you know,

it's a, these stories like we said, uh, on some of our previously recorded shows lately are, are

about smuggling and ideology. This one, this one most certainly gets to, you know, throw some

punches at Biden. Well, yeah, come on. I'm like, you know, because here's the thing we're going to

get hit for going, yeah, you guys are always coming down on this administration. And well,

well, I mean, this ministry isn't doing anything to help make cost the living any lower.

When it's deserved, we do. But, you know, yeah, okay, I, I, I think it's just, um,

evil is not the right word. It's, it's just gross to actually go in and, and tell people who,

you know, had a little bit easier a time because they had a reduced rate to pay back. Not forgiveness,

not doing away with their balance, just the ability to pay less over time so that they could

quote, continue to have affordability. So the fact that they went after this so hard to get rid

of it is to me some form of just, you know, it's mean. It's just mean true meanness. And, but

come on, let's put the blame, though, why was this administration able to, you know, undo

something? Well, because the Democrats, and this can go for a lot of things. So everybody who's

mad at us, we're hitting on this administration. Don't worry. The slap down for the Democrats

is coming right now. So get ready. You know, fight on that stick because this is going to hurt

Democrats. But you're the reasons this is we're in this situation because when you were in power,

when you were in control, when you had full ability to fix Obamacare and put it into legislation

to make it the law of the land, you didn't. When it came down to actually protecting a woman's

right to choose and to codify that into law, when you have the majorities, you didn't. When it came

time to put forward student loan affordability in some form of forgiveness, you put that forward

in an executive order, all of these things that should have been created, put forward and put

into law. When you're the majority party, you have a mandate to take care of business, not

create situations that allow you to continue complaining and therefore use these as ways to get

reelected as opposed to doing the job the right way that you're supposed to do. And that's what

happened with every one of these issues. They kept them active and alive so that they could

quote, use them as reelection tools as opposed to actually doing the work for the blue collar

scholars out there. Yes, student loan, blue collar scholars, all of this. And so this is my

home room welcome seventh day of Christmas. Hey, up your, well, you know, what? I just, come on.

Yes, this administration is mean. They're mean. They told us they were going to be mean. The fact

is though is is that we could have taken away their ability to enact so much meanness. But

Democrats, guess what? Hey, Democrat, if, if you're winning, don't pick a Democrat to be on your

team because guarantees are going to figure out a way to lose it. Well, well, that's a lot to

you know, I don't know that I can say everybody. Yeah, everybody. Happy Monday. Good home room.

No, I didn't just, but just a, just a comment on this. I think, you know, I agree with

the sentiment here of, you know, there was a window. There was an opening to really, you know,

eliminate the student debt crisis to just, you know, you know, the instrumentalist in me,

like saying like, hey, it makes more sense to put more money back into our local economies,

even into not so local economies, more purchasing cars, more taking vacations, more meals out,

whether they're at local establishments or, you know, I would hope they are, but they could be

anywhere as a stimulus to the economy. It made all the sense in the world to eliminate the

student debt crisis or at least bring it up to, you know, a manageable, like, like task, like,

hey, what is the, where are you at in your debt repayment? How has it been going? How do we smooth

this out so that there's more money going into our economy, right? That made a lot of sense.

It was low-hanging fruit for anybody running for office. I actually, you know, in a past couple

of years ago, Premonition said, brace yourselves because it could come from either Republican or

Democrat running for office to say, that's part of their platform that they're going to, you know,

fix the student loan debt crisis. I mean, that would be a massive and certainly not unprecedented move.

Might I note, like Tim, I think, you know, I tend to shy away from, you know, if something's mean

or not or a group is mean or not, it's like, but I'll get into it. I think it is a little bit,

like, we're grasping for what can we call it when it's just simply non-logical, you know,

it's not unprecedented to do any kind of a bailout. I mean, we've experienced it whether it was in,

you know, the banking industry, whether it was been in, you know, automotive industry, it doesn't

come at the expense to taxpayers and economists have done the numbers, right? Take the feelings out

of it as much as I'm a feelings guy, Tim, you're a feelings guy, you know, take the, take the feelings

out of it and just run the numbers. You immediately, and you touched on this, Tim, we're going into

holiday season, all these things. You immediately put money into the economy when you lower or you

eliminate this crushing debt that people are, are, are children in their careers and

children in a lot of aspects of their lives. And that's money not going as costs of groceries

continue to go up as cost of, you know, anything like people listening to the show, you've gone

out to eat, you've seen the cost of engaging in community goes significantly up. And one way to

increase or stimulate, be a stimuli to our, our economy is to have more money available at,

you know, each pay for the working people of this country. Tim, the other thing that's, I just

want to point out is that's that that's also wishful thinking on our part because nothing about

the past few administrations has has done. And that's I think some of your sentiment here has done

much to really address the living conditions of working America. And instead has sort of written

out that, that, you know, you know, page out of the, the playbook of the culture wars of saying,

you know, who, you know, who's really making it hard for everybody? It's these people who went to

college and they spent all that money on college. Well, you know, college really isn't all it's

cracked up to be. And these people irresponsibly took on debt to do it. And so that's why things are

so expensive. So maybe you didn't get to go to college. Maybe you didn't go to college. Maybe

you chose not to go to college. Well, those college people are trying to get out of their agreement

to pay back, right? There's all this discourse out there that is anti college degrees, right? It's

really hurtful to the people. And some of it is because of that divide we have had Tim. We said,

like a college education doesn't make you any better than your neighbor. And what it means to be

part of the community, part of the neighborhood, it just might have been a necessary pathway

to what you chose to do. And the same thing can be said, you know, for someone who, you know, chooses

to be, you know, a landscaper or who really enjoys, you know, being a plumber, like a lot of my

buddies, right? And so, you know, they certainly most certainly felt like college wasn't the best

pathway for them. It didn't serve the ends to the means for what they did. But, you know,

one of the things that I always shake my head at Tim is we have to live with this. We are in a moment

where culturally it's been a little elitist to identify as a college graduate. And so some of

that is to be expected. I said, sometimes you just got to, you just got to bite down like you said

and take it. So those of you with student loan debt, and I'm included in that. This is a moment

where like, you know, we haven't represented our degrees in kind enough ways to say, hey, we're

all together in this. So there are a lot of people who are vehemently opposed. And I think that

part of that, Tim, you're saying is also that's a missed opportunity to share correct or truthful

information that is this doesn't fall on taxpayer. This doesn't fall on the working

American. It doesn't even fall on the rich. It absolutely is a nothing right off for the

government to say, this is a huge mess. We shouldn't have done this. There's just a little bit of

humility that affords them a ton of hubris in the future to say, hey, this was a bad decision

20 some years ago. Colleges, get it right now. Students, you know, whatever you choose to go into,

whether you're going to college degree route or whether you're going careers or trades,

we need you in our communities. And let's figure out how to boost our economy locally.

And in the everyday kind of ways, big numbers can do. So eliminating the student loan debt would

make all the sense in the world. The world watching us still is dumbfounded that we haven't

done that or figured this out. So again, a little humility to afford us some hubris

moving forward. It's like, hey, made a mistake. But guess what? Learned from it. And we made some

big adjustments. So Tim, I'm going to say is down as I am about these continued stories,

I'm optimistic because we got a new year coming and we've got new elections and we've got all

kinds of, I said before, you know, on the show, and I'll be saying it over our break because I

really believe it. I think this upcoming year is going to be a year where people start to see

through the tom foolery. And I don't mean like the left or the right. I mean, the masses,

like the people all in between who are like, wait a minute, this didn't work with this administration

or that administration. And they're just throwing darts at each other across the table. Let's figure

this out because we need this to be fixed. And it's not only student loan, it's our economy,

it's our quality of life in this country. It's our medical system. They're all related. Stop

blaming the people and look to you what your government can do, right? To make it so that we can

exercise our civic duty, be strong citizens, contribute in our communities and not be straddled

with all kinds of crippling debt. And I know that's a word I should probably not be using

with my awareness of ableism, which could be a whole class suffocating debt.

Well, okay, yeah, this is my god. This is one of those home runes where it's like, man,

before I go to first period, I'm going to have to jump in the bathroom and catch a smoke,

man before or catch a vape, you know, because this is way too long of a home room.

You know, here's the other thing. Okay, lawsuit is settled. Great. Okay.

I want to now see the the effect of doing this. Now that all the quote taxpayers are

quote off the hook, which is crap. But to me, this now means that

affordability, you know, for for for stakes and gasoline and automatically now we should see

in a drop in prices, because this student loan debt that the taxpayers had been just

forking out and making this economy stink, it's over. So I now want to see instant price drops

as a result of finally solving this horrendous idea to give people a break on their student loans,

because now it's been fixed and with this fix affordability should be right coming at straight

at you. But you know, now it's time for your moment of zen.

The cry of the poor is not always just. But if you don't listen to it, you will never know what

justice is.

Thanks for listening to busted pencils home room podcast today and remember to grab great other

podcasts filled with more busted pencils content, an Apple podcast Spotify and of course

on the civic media website. Hey, and don't miss this week's class and session on Wednesday

and find our special drop of producer Jacobs choice on Friday. And of course, pencil busters.

You can catch the busted pencils broadcast on Saturday at 3 p.m. Central time across all the

civic media network stations for one hour of your favorite blue collar scholars,

him and Johnny and keep busting pencils.