Why Are Student Loans Such a Catastrophe?
Today Nathan is joined by Wall Street Journal reporter Josh Mitchell, author of The Debt Trap: How Student Loans Became a National Catastrophe. Under pressure from progressive Democrats, Joe Biden recently agreed to continue a pause on student loan payments. There has been a great deal of debate over whether Biden should consider canceling large amounts of student debt outright.
Mitchell has spent years studying every aspect of the student loan crisis. On this episode, he helps us better understand what the crisis is and how we got here. We discuss:
- What makes student loans a "catastrophe"…
The skinny
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