US Rep Mark DeSaulnier (D-CA) presents his bill to reduce the interest rates on student loans by allowing borrowers to refinance at the lower rates offered to banks by the Federal Reserve. He says that the costs will be offset by increasing corporate tax rates on companies that pay their CEO more than 100 times the median compensation of all its employees. How will this work? DeSaulnier explains the details of his plan to a group gathered at the Goldman School of Public Policy at UC Berkeley.

Series: "The Goldman School - Berkeley Public Policy" [Public Affairs] [Education] [Show ID: 30124]