The student debt crisis
Student loan debt has more then doubled in the last decade to $1.5 trillion. We look at the causes, consequences and possible policy solutions for tackling student debt.Listen 49:30
Guests: Sara Goldrick-Rab, Danielle Douglas-Gabriel, Seth Frotman
Student loan debt has more than doubled in the past decade to $1.5 trillion. Behind that gigantic number are 44 million Americans. Pennsylvania, Delaware and New Jersey rank one, two and three for the highest student loan debt in the nation. This hour, we’ll talk about why our region is ground zero for student debt and discuss the crippling effect it has on individuals and the larger economy. We’ll also talk about proposals for tackling the growing crisis, predatory lending, and if the Trump administration is helping or hurting student borrowers. Our guests are SARA GOLDRICK-RAB, professor of higher education policy and sociology at Temple University, DANIELLE DOUGLAS-GABRIEL, a reporter who covers student debt for The Washington Post, and SETH FROTMAN, Founder and Executive Director of the Student Borrower Protection Center.
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