Professor of Economics at Vanderbilt University
Professor of Economics at Vanderbilt University and author of Investing in College: A Guide for the Perplexed
PROFILE
Malcolm Getz
Guest
FROM Malcolm Getz
To the Point
The Growing Scandal in Student Loans Education Secretary Margaret Spelling heads to Capitol Hill tomorrow to answer questions about student loans . With tuitions rising toward $50,000 a year at top institutions, student lending is an $85 billion industry. Investing in education is a lot like buying a car, with discounts and interest rates as important as faculty qualifications or student performance. Private lenders compete with the federal government, and friendly college administrators have taken gifts, trips and stock options. New York State Attorney General Andrew Cuomo is just one investigator into reports of unethical and possibly illegal practices that include kickbacks to college loan officers who've recommended private lenders to parents and students. Yesterday, Theresa Shaw, Spelling's top student-loan overseer announced her resignation. How can students and parents tell if they're getting their money's worth? Is the Department of Education doing its job? Why is it so expensive to go to school?
Recommended
To the Point
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.
To the Point
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
To the Point
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
To the Point
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.