Crazy Money With Paul Ollinger

Our higher education system is broken. But instead of trying to fix the underlying issues, the Biden administration is attempting to treat the symptoms with a massive giveaway to student loan debtors. In this encore episode (from August, 2022), I speak with Oren Cass. Executive Director of American Compass, whose article The Banality of Student Loans outlines the contradictions and self-defeating policies that have led us to this educational morass.  Ask yourself: • Why is student debt treated differently than all other kinds of debt? • Why are taxpayers on the hook for payments to colleges and universities instead of the institutions themselves? • Why would you forgive hundreds of billions in loans without addressing any of the reasons we got into this mess in the first place? Oren and I discuss the “college for all” approach and why it is the wrong way to prepare the vast majority of young Americans for a career–especially those who need an economic boost the most. We talk about why the federal government s