College Funding Crisis
The burden of college affordability has shifted dramatically to consumers, with states cutting funding and colleges raising tuition. The 1990s introduced significant changes in federal student loans, including the unsubsidized Stafford loan, which placed the interest burden on students. Additionally, the removal of borrowing caps for parent loans has led to a surge in parent plus debt, making it one of the fastest-growing types of federal student loan debt.In this clip
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NerdWallet's Smart Money Podcast
Student Loans and the Cancellation Debate, Part 1
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