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The Student Debt Dilemma With Constantine Yannelis

Capitalisn't

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Is It a Cross Subsidization of the Student Loan Market?

Taxpayers really are getting screwed six ways till sunday ra. The last thing you want is risspace lending in the student loan market, where borrowers who lack the privilege to go to harvard and get a degree in economics are then also forced to pay many times a higher rate on their student loans. Then you're just exasperating an equality in our syste right? And it seems to me that if colleges are going to bear part of the cost, they 're just going to get very, very conservative about who it is that they admit. That's going to make matters worse. I think there has to be some kind of better system."

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