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Why Student Debt Is So High and Why Forgiving It Doesn't Fix the Problem
Manage episode 341156942 series 2137790
What are the drivers that lead to higher student loan balances? Why a one-time student loan forgiveness program doesn't solve the problem of increasing student debt. What are some more viable longer-term solutions.
Topics covered include:
- How big is the Biden Administration student debt forgiveness plan
- How big has the student debt burden grown
- Why are borrowings for students increasing
- Why Baby Boomers spent so much less on college
- How are student loans accounted for by the U.S. federal government
- What is the impact on the deficit and potentially inflation of forgiving billions of dollars of student debt
For more information on this episode click here.
Show Notes
What the Student-Loan Debate Overlooks by Ronald Brownstein—The Atlantic
See the Average College Tuition in 2022-2023 by Emma Kerr and Sarah Wood—U.S. News & World Report
Government payments by program—Economic Research Service, U.S. Department of Agriculture
Projected Lifetime Earnings by Major by Douglas A. Webber, December 1st, 2019
Related Episodes
307: Income Share Agreements—Good for Students or Investors?
327: Is Student Loan Forgiveness A Good Idea?
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
492 episode
Manage episode 341156942 series 2137790
What are the drivers that lead to higher student loan balances? Why a one-time student loan forgiveness program doesn't solve the problem of increasing student debt. What are some more viable longer-term solutions.
Topics covered include:
- How big is the Biden Administration student debt forgiveness plan
- How big has the student debt burden grown
- Why are borrowings for students increasing
- Why Baby Boomers spent so much less on college
- How are student loans accounted for by the U.S. federal government
- What is the impact on the deficit and potentially inflation of forgiving billions of dollars of student debt
For more information on this episode click here.
Show Notes
What the Student-Loan Debate Overlooks by Ronald Brownstein—The Atlantic
See the Average College Tuition in 2022-2023 by Emma Kerr and Sarah Wood—U.S. News & World Report
Government payments by program—Economic Research Service, U.S. Department of Agriculture
Projected Lifetime Earnings by Major by Douglas A. Webber, December 1st, 2019
Related Episodes
307: Income Share Agreements—Good for Students or Investors?
327: Is Student Loan Forgiveness A Good Idea?
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
492 episode
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