Money For The Rest Of Us

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 planHow big has the student debt burden grownWhy are borrowings for students increasingWhy Baby Boomers spent so much less on collegeHow are student loans accounted for by the U.S. federal governmentWhat is the impact on the deficit and potentially inflation of forgiving billions of dollars of student debtFor more information on this episode click here.Show NotesStudent Debt And The Federal Budget | How Student Loans Impact The U.S. Fiscal Outlook, November 2021—Bipartisan Policy CenterWhat the Student-Loan Debate Overlooks by Ronald Brownstein—The AtlanticSee the Average College Tuition in 2022-2023 by Emma Kerr and Sarah Wood—U.S. News & World ReportBiden’s Student-Debt Plan Could Chip Away