The Real Origins of the Student Debt Crisis

The Real Origins of the Student Debt Crisis

By Crooked Media

Once upon a time, borrowing money for college was an affordable path towards upward mobility. Today, it’s a crisis. With Americans owing a whopping $1.7 trillion in student loans. So how did the student debt crisis get so out of control? From bungled government programs to Sputnik to the Great Recession, “How We Got Here” unpacks the history behind spiraling student debt…with interest!

 

SOURCES

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Introducing Bennett Hypothesis 2.0 | Center for College Affordability and Productivity

Statement Before the House Committee on Education and Workforce On Lowering Costs and Increasing Value for Students, Institution | Texas Public Policy Foundation

Is Rising Student Debt Harming the U.S. Economy? | CFR

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Federal Student Loan Borrowers Reveal Grim Expectations for Payment Resumption | Morning Consult

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State Funding for Higher Education Still Lagging | NEA

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Public Law 94-482 94th Congress An Act

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