Student Loan Evolution
The landscape of student loans has dramatically shifted since the mid-20th century, with soaring college costs and increased borrowing becoming the norm. As colleges expanded and tuition skyrocketed, the government imposed stricter regulations on bankruptcy discharges for student debtors. This period also saw a significant rise in the necessity of a college degree for good job prospects, fueled by wage declines in working-class jobs and policy changes that limited financial aid.In this clip
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Student Loans and the Cancellation Debate, Part 1
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