The Student Loan Crisis: A Deep Dive

This chapter explores the complexities of student loan debt in the United States, revealing the staggering $1.74 trillion burden affecting approximately 45 million individuals, including many older borrowers with minimal safeguards against financial hardship. The discussion highlights how rising education costs and shifting policies contribute to financial instability, particularly as student loan payments are set to resume post-pandemic. It also reflects on the historical evolution of student debt and its implications for both individuals and the broader economy.