3min chapter

Brave New World -- hosted by Vasant Dhar cover image

Ep 37: Caitlin Zaloom on the Explosion of Student Debt

Brave New World -- hosted by Vasant Dhar

CHAPTER

College Education - Is That Part of the Problem?

People feel that they have a moral obligation to send their kids to the best possible school. At the same time, there's sort of a structural aspect to this, where people are being encouraged to take loans to make good on that moral obligation. And in the process, what's happening is that the market is inducing them to take more risk than they may be capable of ming.

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