The History of Student Loans in the United States
Peoples & Things
00:00
Introduction
Lee Vinsil: How did elected officials become so obsessed with college education as an answer to important social problems? He says the focus on education as a solution to inequality goes right back to the beginning of the 20th century, if not before. By 2005 or so, wages for college graduates began to stagnate and decline; what happens when supply outpaces demand? he asks.
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