Newt talks with Wall Street Journal reporter Josh Mitchell, about the student loan debt crisis which has been decades in the making.
Newt talks with Josh Mitchell, author of The Debt Trap: How Student Loans Became a National Catastrophe. They discuss the origins of student loans and how student loan debt has increased to $1.5 trillion dollars in the United States. Looking at the story from all angles; students, parents, educational institutions, federal policy and the lenders themselves. And they discuss how earning a college degree may not always pay off, and what’s to be done about it.
Guest: Josh Mitchell
Wall Street Journal Articles:
Law School Loses Luster as Debts Mount and Salaries Stagnate (August 3, 2021)
Al Lord Profited When College Tuition Rose. He Is Paying for It. (July 23, 2021)
Student-Loan Holders Get Piecemeal Relief from Biden Administration (July 03, 2021)
Federal Student-Loan Loss Forecast Rises by $53 Billion (June 07, 2021)
Law School Loses Luster as Debts Mount and Salaries Stagnate (August 3, 2021)
Biden’s Plan for Free Community College Faces Resistance (May 16, 2021)
Is the U.S. Student Loan Program Facing a $500 Billion Hole? One Banker Thinks So. (April 29, 2021)
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