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

The Genesis of the Current Problem of Heavy Student Debt

i want to connect this to whether higher education confers a public or private benefit. If you go back to 18 62, when abraham lincoln pushed through a land grant act that created a number of universities such as mi t wisconsin and ohio state. And so the assumption there was that higher education was actually a society of good. But then during the regan era, sort of, it became re defined as something that was private,. The idea that people should pay for college with loans follows on this re definition of education from being a public good to being a private asset.

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