6min chapter

Explain It to Me cover image

Who broke student loans?

Explain It to Me

CHAPTER

The Impact of the 2008 Financial Collapse on Student Loan Debt

This chapter discusses how the recession influenced career prospects, led to increased enrollment in higher education, and resulted in a surge of student loan debt. It also explores changes in student loan policy during the Obama administration and the potential consequences of the pandemic-era payment pause for college affordability.

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