Tuition Trouble: The Economic and Social Costs of Rising Student Debt

Guest: Julie Margetta Morgan, Fellow at the Roosevelt Institute Americans currently owe $1.5 trillion in student debt. That’s a lot of money. But in the scheme of things, borrowing money to get a college degree is a good investment, isn’t it? A college degree leads to a better job and higher salary. Well, detailed analysis of student loan debt across the country suggests those assumptions are flawed. Would you be surprised to learn that the heaviest student debt burdens fall on those with the lowest income levels?