Student Loan Debt Crisis

Published: Aug. 5, 2022, 2:34 p.m.

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Bill and Anastasia cover a listener requested topic regarding the student loan debt crisis in the U.S. They tackle this issue through the lens of financial advisors looking at it on a macroeconomic scale--addressing how student loans grew into a crisis, the contributing factors, consequences, potential solutions, and what they think consumers should know. Bill and Anastasia debate the policy suggestion of forgiving student loans - is the immediate relief worth it and/or will it address the underlying issues which caused the crisis? Anastasia describes the problems with the public service loan forgiveness program and whether it\'s worth trying to get loans forgiven.

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