For student loan borrowers, the past few years have felt like whiplash. From the fallout of the Biden-era SAVE plan to policies in the Trump administration’s One Big Beautiful Bill Act, the federal financial aid system is getting an overhaul this year. On today’s show, founder and president of The Institute of Student Loan Advisors Betsy Mayotte joins Kimberly to break down what borrowers need to know about the major changes coming to federal student loans in 2026.

On today’s show, Dana Ferguson, political correspondent for MPR News, joins Kimberly to share how her community has been affected by a recent surge in Immigration and Customs Enforcement activity, including the fatal shooting of Renee Macklin Good. We’ll also discuss the impact on small businesses in the Twin Cities and the political fallout from Minnesota Governor Tim Walz’s decision to end his reelection campaign.

Here’s everything we talked about today:

• "Minnesota business owners feeling the effects of ICE enforcement actions" from MPR News
• "As immigration raids roil Minnesota, corporate leaders stay silent" from Marketplace
• "Tim Walz drops out of Minnesota governor’s race, Klobuchar considers jumping in" from Politico
• "With limited political power, Minnesota Democrats navigate resistance to Trump" from MPR News
• "Walz's exit from Minnesota governor's race will pose challenges for both parties" from MPR News
• "What to Nosh in the North Star State: Minnesota's Most-Iconic Dishes" from Food Network
• "Photos: The Minneapolis music scene, from the 1980s to now" from MPR News

We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Marketplace’s “This Is Uncomfortable” is back with new episodes about life and how money messes with it. Today, host Reema Khrais joins Kimberly to share some of what she’s learned from conversations on how to survive job hunting in today’s brutal labor market and what it really means to have “enough” money. Plus, how anxiety about money can actually hold you back financially.

Check out new episodes from “This Is Uncomfortable:”

• "We're back: How much money is ‘enough’?" from “This Is Uncomfortable”
• "Surviving job hunting hell" from “This Is Uncomfortable”
• "The number of long-term unemployed is growing. What does that tell us about the economy?" from Marketplace

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.