Are student loans a necessary path to success or a predatory debt trap? This video discusses the lending practices of the student loan industry, and whether or not they’re ethical.
A 55-year-old father, Mark, shares his frustration after his son took out multiple loans for graduate degrees, questioning why lenders keep enabling further borrowing despite non-payment.
I weigh in on whether the system is taking advantage of students, the role of colleges in cost control, and the societal pressure to obtain degrees at all costs.
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🎥 Credits
• Hosted by Stanley Tate & Emma Head
• Editing by Helena Santín
15 авг 2024