Student Loan Evolution
The rise of student loans in mid-century America marked a significant shift in educational accessibility. The National Defense Education Act of 1958 introduced federal loans, paving the way for programs like Perkins Loans and later, the Higher Education Act of 1965, which aimed to reduce income and racial inequality through guaranteed loans. This era also saw the introduction of Pell Grants, ensuring that low-income students could pursue higher education, fundamentally changing the landscape of college financing.In this clip
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Student Loans and the Cancellation Debate, Part 1
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