Chapter
The Good and Bad of Federal Student Loans
1:02:00 - 1:08:30 (06:29)
The federal student loan program was created to provide access to capital that private markets weren't providing, improve education, and grow the economy. However, many students end up with high levels of debt and the program only reaches a small percentage of the population, making it precarious.
Clips
The federal student loan program was intended to give people access to capital for higher education and improve the education of the workforce, but the current system is flawed because many students come out undereducated and incapable of servicing the economy's needs, and the burden of the bailout will fall on taxpayers.
1:02:00 - 1:06:54 (04:54)
Summary
The federal student loan program was intended to give people access to capital for higher education and improve the education of the workforce, but the current system is flawed because many students come out undereducated and incapable of servicing the economy's needs, and the burden of the bailout will fall on taxpayers.
ChapterThe Good and Bad of Federal Student Loans
EpisodeE78: VC fund metrics that matter, private market update, recession, student loans, Bill Hwang arrest
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker tells his story of how he was able to pay off his $28,000 student debt in one year with the help of a job at a bank and a lucky opportunity trading stocks for someone.
1:06:54 - 1:08:30 (01:35)
Summary
The speaker tells his story of how he was able to pay off his $28,000 student debt in one year with the help of a job at a bank and a lucky opportunity trading stocks for someone.