What’s Happening On Dr. Phil Today Friday September 23, 2022, on CBS

Dr. Phil Today Friday September 23, 2022, on CBS; In order to give working families in America more breathing room as they continue to recover from the strains brought on by the COVID-19 pandemic, President Biden recently unveiled a three-part plan. In an effort to address the burden of rising college costs and make the student loan system more manageable for working families, this plan offers targeted debt relief.

Around 8 million borrowers of federal student loans who already have their income details on file with the department, according to the Education Department, will be qualified for automatic loan forgiveness. But this declaration sparked a heated national discussion. Critics claim the plan will increase inflation and does not address the underlying issue of skyrocketing higher-education costs, while supporters hail the legislation as a historic step toward wiping out millions of student loan debt.

Dr. Phil interviews witnesses from both sides. It’s unfair, according to Independent Women’s Forum (IWF) senior policy analyst Inez Stepman, for taxpayers to be forced to cover someone else’s debt. For students from low- and moderate-income families, loan cancellation will change their lives, according to economist and professor Charlie Eaton. The debate is discussed by Neal McCluskey, director of the CATO Institute, Mark Kantrowitz, a policy expert, Holly Taylor, an attorney whose video of her student loan outrage went viral, and James Cowart, a recent college graduate who claims he will benefit from Biden’s student loan plan. Does Biden’s proposal increase living standards or just fuel inflation? assisting Americans with lower incomes or defending the wealthy?

Airdate: Friday September 23, 2022 at 3.00pm on CBS.

Dr. Phil McGraw tells compelling stories about real people dealing with a wide range of emotional and behavioural issues, removing the shame and embarrassment that prevents people from seeking help.