What Went Wrong With Federal Student Loans?
Podcast: The Pie: An Economics PodcastPublished On: Tue Jul 23 2024
Description: The United States is in the midst of a student loan crisis, with over 45 million borrowers owing more than $1.6 trillion in federal dollars. On this episode of The Pie, Constantine Yannelis, Associate Professor of Finance at the Booth School of Business, argues that federal policy is to blame: Decades of regulation and de-regulation have given way to skyrocketing rates of risky borrowing.
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