Student loan rules about to change: here's what you need to know, plus Trump releases a gold phone, and a review of the Iran deal

**Christy Strawser** (0:01)
Welcome to On Deadline, your radio news from Odyssey newsrooms across the country. I'm Christy Strawser, Odyssey's managing editor of news.
Feeling lucky? Before we talk about anything else, let's find out why that matters.

**Connor Barcock** (0:15)
No one has hit the megamillions jackpot since early March, and the total has grown to an estimated $452 million. Casey DeFelice buys scratch-off tickets from Maneuver's newsstand in Springfield and says it's dangerous to have hundreds of millions of dollars fall in your lap.

**Casey DeFelice** (0:30)
I just think it's too much for one person. I'd rather see 20 people get $5 million than one guy yet, because people can't handle that kind of money.

**Connor Barcock** (0:36)
DeFelice bought $20 worth of megamillions tickets and says he'd give the winnings to charity because that much money could ruin your life.

**Casey DeFelice** (0:42)
And then everybody comes here after you, all the people that want to sue you and all your friends that you never had want something.
I think it's more of a curse. I truly don't.

**Connor Barcock** (0:53)
In Springfield, Connor Barcock.

**Christy Strawser** (0:55)
People can't handle that amount of money?

**Rob** (0:57)
Hmm.

**Christy Strawser** (0:58)
Plenty of us would love to put that to the test. Anyway, moving on.
The United States and Iran have a Memorandum of Understanding to stop the fighting. KCBS in the Bay Area tells us what's in it.

**Rob** (1:11)
Memorandum of Understanding aimed at ending the war. The US and Iran have signed that it would limit Iran's nuclear ambitions. We're joined live on the KCBS Ring Central Newsline by our KCBS political analyst, Mark Sandelo. Mark, good morning. I know you've been looking over some of the details of this Memorandum of Understanding. What stands out to you?

**Mark Sandelo** (1:32)
Curiously, this was read to reporters, not sent out. I mean, everything today is sent out via text, but this was read to reporters perhaps because Iran hadn't released the text itself. But there are 14 points. It's a day and a half. I mean, it's a page and a half.
It's very vague because it is simply an understanding of where negotiations are going to go. But it does end the conflict for now. It says that there will not be hostilities. They say end the war, which is interesting because Trump avoids using the word war, so it doesn't trigger the War Powers Act. But it specifically says that the US will end its blockade of Iran, meaning Iran can get its oil in and out now. Iran in return will open the Strait of Hormuz, which means gas prices should come down. And then ultimately, the goal of negotiation for the next 60 days, Iran commits to never possessing a nuclear weapon, building it or buying it. The United States will end all its sanctions against Iran, so the Iran is free to sell its oil however it wants. And there will be a $300 billion reconstruction fund to try to help Iran with investments to rebuild from all the damage. Somebody at the White House, either they didn't care or it was lost on them, that Trump signed this electronically yesterday at a dinner with French President Macron, who had invited him to the Palace of Versailles, the Louis XIV gold-plated, big, big tourist attraction.
Signing a treaty at Versailles get for a lot of people. The Treaty of Versailles is famously known for the 1917 agreement that ended World War I, that was signed by the Soviet Union and the United States and Germany and others involved in World War I, that is considered so disastrous in its harsh sanctions on Germany in retrospect, that it was a precursor for World War II.

**Rob** (3:35)
Former President Barack Obama has been asked about this in the lead up to his presidential center opening tomorrow in Chicago, and President Obama said, this to me looks an awful lot like the deal that we had back during my presidency. Is he right? Are they pretty similar?

**Mark Sandelo** (3:52)
That is going to be in the details that come out over the next 60 days. On the surface, it is incredibly similar.
Trump has trumpeted the fact that Iran says, now it promises it will never possess a nuclear weapon. Well, that was in the Obama agreement a decade ago as well. They did promise the same. Now, the Obama agreement did say that after a certain number of years, 15 years, Iran would be able to enrich uranium for its own power purposes at a level that Trump says is too close to a nuclear weapon. Trump says that that will not be in the final details. But there's a lot of complications here, including the translation. I mean, remember, this is going from Persian into English, and exact words matter. And the Obama agreement was 150 pages long, so we'll see what comes out of the next 60 days. But there's criticism in Washington from both Republicans and Democrats that the difference between this and the Obama agreement certainly doesn't seem worth the lost lives and the billions and billions of dollars spent by attacking Iran to force them to redo this all over again.