Pitchfork Economics with Nick Hanauer cover image

How student loan forgiveness rebuilds the economy from the middle out (with Marshall Steinbaum)

Pitchfork Economics with Nick Hanauer

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The Cost of Higher Education Hasn't Risen, Right?

The costs of higher education increased far faster than. Anything, really, almost anything else. We shifted the cost from taxpayers on to students as we shifted our notions of education from a public good to a private good. And at the same time over the last 40 or 50 years, when, when the student debt crisis created itself, wages for college graduates have effectively been suppressed. The confluence of skyrocketing prices for higher education and a generation of wage suppression is what created this crisis,. not the profligate personal spending ofStudents themselves.

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