2min chapter

Throughline cover image

Student Loans: The Fund-Eating Dragon (2022)

Throughline

CHAPTER

The First Federal Student Loan Program

The National Defense Education Act created the country's first federal student loan program. It was targeted basically just for high achieving, generally white, male, high school students. The government would approve a certain amount of money, which then they would give to the colleges themselves.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode