Notes on the US Student Loan Crisis
This is just to capture some initial thoughts about a very complex problem. I think it’s difficult for people to understand how much education costs now. The situation has changed so very much over a generation that costs and priorities do deserve some analysis. Our parents’ generation could earn enough over the summer job to pay for college, and no-one had to accrue substantial debt. Housing was much less exensive, too. Sometimes the loan is more for room and board than anything…