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

Repayment Is Easy and Fair in Australia

The biggest issue is really bringing down the cost up fort. We shouldn't be asking people to pay for fourth grade, and we should not be ask people to for a sophomore year. I'm at the level of the australian version of the iras. And i don't think that we should have private, a private loan servicers doing it. Because what we've seen with with the public on forgiveness programme m and income driven repayment,. is ad that those companies are not incentivised to get borrowers the best deal possible. They are incentivis to keep people repaying, which is a different thing. Altogether, the most straightforward answer is to make loans from the treasury

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