Student Debt.

Hey Boomer: STFU.

A young graduate wearing a cap and gown, shrugging and looking up at his graduation tassle which is a tag with a dollar sign on it

Various sources report that the Biden Administration is set to release its plan to deal with student indebtedness. Cancellation? Forgiveness? Refinance? Today’s episode covers the spirited debate surrounding student loan forgiveness and the structural issues that plague the American system of higher education. We cover the history of student loans and how perverse incentives, corporate greed and colleges with endless appetites for growth created a juggernaut of debt and bureaucracy no amount of forgiveness can fix. And, we build a case for policy measures that can restore some balance in the system.

Read the full essay on substack
A young graduate wearing a cap and gown, shrugging and looking up at his graduation tassle which is a tag with a dollar sign on it

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