
Higher Ed: What Went Wrong?
Risk Talking
00:00
Is Education Infinitely Valuable?
There is no underwriting in the federal student loan program. It implies this thinking that education must be infinitely valuable if we're willing to allow people to fund it at any level of expense, he says. "We would consider that behavior to be predatory if it were auto lenders or mortgage lenders who were not considering the ability to repay"
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