We Are Libertarians

WAL Daily 83: Student Loan Crisis



May 30th, 2019  •  1 hr 7 mins  •  Download (77.9 MB)  •  Link with Timestamp

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Jeremiah Morrell and Dakota Davis are your hosts. We are joined by attorney Sean Row and Purdue University Student Mason Rottinghaus are the featured guests. We talk about the cost of college, massive student loan debt, and the prospects for getting rid of it. Mason is entering his sophmore year at Purdue. Students have to navigate a myriad of programs, loans, and funding sources. Did you know there isn’t an established sticker price for dorm room selection? Who pays attention when picking their meal plan?

The politico’s are starting to pay attention. Serious proposals from Senator Elizabeth Warren and others have started the conversation. Should the federal government fix this? Should the states or universities be responsible. Oregon has an interesting program. Purdue has the “Back a Boiler Program” and tuition freezes for 8 years and counting. Students sign up for tens of thousands, if not hundreds of thousands in debt. Eventually, we are all going to pay for it. The question is how and when.