“I very frequently get the question: ‘What’s going to change in the next 10 years?’ And that is a very interesting question; it’s a very common one. I almost never get the question: ‘What’s not going to change in the next 10 years?’ And I submit to you that that second question is actually the…
Monthly Archives: July 2019
The Financial Crisis of 2008 and the Student Debt Crisis of 2019
The presidential debates got me thinking about the situation with student debt. I asked myself “What do the financial crisis of 2008 and our current problems with higher education debt have in common?” I thought of two foundational flaws: Extremely easy access to credit The belief that the borrowed funds from above are being used…