Federal student loan debt is nearly $1.4 trillion, more than twice as much as it was a decade ago.
Here & Now‘s Jeremy Hobson talks with Susan Dynarski (@dynarski), professor of public policy, education and economics at the University of Michigan, about whether the situation with student loans is a crisis.
On the current situation with student loans in the U.S.
“I would say that for the vast majority of college students and borrowers there’s not a crisis, the loans are manageable. For a minority, a substantial minority, there is a crisis, and my concern is that we make sure we match any solutions that we create to those who are actually in crisis and not the majority who are not.”