Students Take on Increasing Debt to Pay for an Education

Hosted by

In the proportion of college graduates between the ages of 25 and 34, the US used to be first among the world’s nations.  But it has fallen to seventh, with tuition and other costs too high for millions of young people. President Obama wants a massive new entitlement program to get America back on top. The President would make Pell Grants a massive new entitlement program, financed by money saved if the government takes over student loans. Even some Democrats are dubious about that in the midst of the recession, and private lenders have an army of lobbyists on Capitol Hill. We hear both sides and talk to students about the very substantial debts they’re saddled with before they’ve gotten their first jobs.

Other loans discussed in this segment:

FFELP Loans
Stafford Loans
Perkins Loans
Credits

Guests:
Edie Irons - Communications Director, Institute for College Access and Success, Brian Frank - Graduating Journalism Major, University of Southern California, Paige Greenley - Graduating Anthropology Major, Grinnell College, Terry Hartle - Senior Vice President, American Council on Education, Kevin Bruns - Executive Director, America's Student Loan Providers

Host:
Warren Olney

Producers:
Christian Bordal, Karen Radziner, Bob Carlson