The latest reports show that more than 44 million Americans owe a total of $1.7 trillion in student loan debt. It’s the biggest source of debt in the American household after mortgages. And this is not just a problem for wealthy, white degree-holders and families. Student loan debt shapes the labor market and contributes to […]
Governor Tony Evers Establishes Student Debt Task Force
Yesterday, Wisconsin Governor Tony Evers established a task force on student debt. It will be led by Kathy Blumenfeld, Wisconsin’s Secretary of the Department of Financial Institutions, and will evaluate current debt policies, recommend solutions, improve financial literacy education, and protect consumers. According to Governor Evers, the average debt of Wisconsin students is over $30,000. […]
Sold My Soul for a Student Loan with Daniel T. Kirsch
Student loan debt in the United States has increased significantly over the past decade, jumping from $600 billion in 2008 to over $1.5 trillion USD today. This affects 44 million borrowers and their families, two-thirds of whom are women experiencing the ongoing gender wage gap. How did we get to this point, and where can […]
Looking at the Student Loan Debt Crisis
In the United States right now, student loan debt is second only to home mortgage debt. How did we get here? With another school year starting off, we thought we’d take a close look at just how much university education costs in America—and what that price tag is doing to student borrowers, the economy, and […]
