In Brief: The Student Debt Crisis (with Blake Zeff)
Stay Tuned with Preet
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The Problem With the 1998 Bankruptcy Bill
The lack of bankruptcy creates a structural problem where the lenders are just going to keep lending out money to anyone at any amount, because it's repayment is guaranteed. The people who go to college or their parents are the ones who end up with these crazy bills and they have no recourse. "I really think that watching that conversation will not just tell you about student debt, but we'll tell you about democracy in this country," he says.
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Transcript
