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Business English listening comprehension exercise: Joe Biden's student loan forgiveness plan



Here's what you do:
  1. Click on the video below.
  2. Watch the video, and pay attention to it! (You can pause and rewind the video.)
  3. Answer the listening comprehension questions below the video.
  4. Check your answers.


1. According to Biden's plan, $10,000 of an individual's student loan will be forgiven, provided that the person _________.
  is above the poverty level
  doesn't make over $150,000 per year
  doesn't make over $300,000 per year

2. Does Joe Moglia feel that the loan forgiveness plan is a good idea?
  It seems like he does.
  He seems to be slightly against it.
  He is very much against it.

3. Moglia suggests that instead of a lump sum, ___________ of a person loan should be forgiven.
  none
  a percentage
  half

4. One concern that is raised is that __________ will end up paying for the loan forgiveness program.
  the president
  banks
  taxpayers

5. Another concern that is raised is that this program might __________.
  put some universities out of business
  put some banks out of business
  increase the rate of inflation


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