This week we’re talking about the pandemic of student debt. Why is it a problem in the United States? We’ll talk about a brief history of student debt. We’ll take a look at what is driving the rise in student debt. And we’ll look at possible solutions to this problem plaguing today’s youth.
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Show Notes
[INTRO THEME]
[INTRODUCTIONS] (3-5 minutes)Show introduction:Insights Into Tomorrow Episode: 14 “The Specter of Student Debt”Host introductionsHost (Joseph Whalen)My co-host (Sam Whalen)[SUMMARY]This week we’re talking about the pandemic of student debt. Why is it a problem in the United States? We’ll talk about a brief history of student debt. We’ll take a look at what is driving the rise in student debt. And we’ll look at possible solutions to this problem plaguing today’s youth.
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[TRANSITION]
[SEGMENT 1: Topic Introduction/Episode Premise] (5-10 minutes)
Why is student loan debt a problem in American?
https://www.firstrepublic.com/personal-line-of-credit/student-loan-debt-averages-2021
https://bit.ly/3AJ4L7P
Student loan debt plays a significant role in the lives of many Americans. The cost associated with higher education continues to increase year over year, and for many, this translates to a heavier reliance on loans to bridge the gap. Consequently, outstanding U.S. student loan debt reached $1.7 trillion at the end of 2020, according to the Federal Reserve — an all-time high.To put that into perspective, that is ro