Student loan debt now exceeds 1.2 trillion dollars. Is has been a problem for a number of years and is a major issue for the 2016 presidential race, at least on the Democrat side. However, main stream media continues to focus on the "horse race", so the issues get lost. We can do better.
For our next meeting, we will examine the full scope of the problem, and some of the incremental solutions that have been implemented by Obama, mostly by executive order. Our discussion will use the following videos for background:
- PBS report on the student debt problem
- Obama's last year's executive actions on student loans
- Senator Warren on student debt held by the elderly
- TED Talk on using technology to lower college cost
- Obama announces Student Aid Bill of Rights
- John Oliver on for profit colleges
When I went to the Univ of Wash in 1968, tuition was 115$ a quarter for 12 credits or more. (My roommate would take 26 credits and then drop the class she was going to get a B in.) And they didn't nickel and dime us to death.
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