January 28, 2022

College

Its all about the school

(Ep. 139) The Debt Trap with Josh Mitchell | Student Loan Planner

11 min read

In this episode, I’m joined by Josh Mitchell, a Wall Street Journal reporter and the author of the book The Debt Trap: How Student Loans Became a National Catastrophe to reflect on his observations in the higher education space and how the student crisis came to be.

Listen in as Josh explains why the process of taking out a loan is more “opaque” than that of every other credit product and the disruptions that need to take place in order for the current system to change for the better — as well as the repercussions of these disruptions to the wider economy.

Check out Josh’s book: bit.ly/DebtTrapBook

In today’s episode, you’ll find out:

✅ How Josh was drawn to the student loan debt crisis
✅ Why student loans are unlike any other credit product
✅ Which is the bigger risk to the economy: the undergrad debt problem or the graduate school debt problem?
✅ What needs to change to mitigate the student debt crisis—and the consequences of these disruptions to the wider economy
✅ The future of lobbying for policy change in higher education Student loan reforms that would minimize or even eradicate inequality

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Legal: Student Loan Planner is a financial coaching company and does not claim to provide financial advice on investment products. Refinancing federal loans causes the borrower to lose access to income-based repayment plans as well as the PSLF program. We may earn compensation from advertising partners when you click on links on our site. Student Loan Planner is not a debt settlement or debt relief company. We do not provide tax or legal advice.

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Source: Student Loan Planner

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