Economics 102 with Prof Abhijit Banerjee [S2 Ep.31]
Conversations With Coleman
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The Cost of Education Debt
When you're poor and some one offers you six figures, you don't take it immediately without question. I think that's part of the cost of education debt, is that the poor tend to take jobs that are less suited to their personalities and talent. People who could move to another state and make much more money, or to a city, you know, tend not to. And have actually become less mobile in the past 50 years. The economic force is that us has become more and more unequal.
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